United Poles Federal Credit Union Joins njBIZloan Connection

PRINCETON, N.J. – njBIZloan Connection, LLC is proud to announce that United Poles Federal Credit Union has joined njBIZloan Connection’s member business lending/commercial loan referral program (RCU). United Poles is looking forward to offering business lending to their membership and the community of business owners, commercial realtors, mortgage brokers, appraisers, developers, builders and investors. 

CUNA Mutual Group Expands Lending Solutions with Acquisition of Mirador

Acquisition Delivers a Seamless Small Business Lending Experience and Digital Platform to Credit Union Industry

MADISON, Wis. – CUNA Mutual Group announced the acquisition of Portland, Oregon-based Mirador, a financial technology startup company that delivers a seamless experience for borrowers and lenders through a completely digital small business lending platform. CUNA Mutual Group became a minority investor in Mirador through its venture capital entity, CMFG Ventures, LLC, in August 2017.

PWCAMPBELL NAMES MAHTANI VICE PRESIDENT & CIO

PITTSBURGH, Pa. – PWCampbell has promoted Ben Mahtani to Vice President and Chief Information Officer.

Mahtani joined PWCampbell in 2013 as the Information Technology Director. In this position he was instrumental in developing BrandVisionHD, the company’s digital signage products and services. Under Mahtani’s direction, PWCampbell has installed more than 1,300 digital signage screens across the country. In addition, Mahtani led a company-wide corporate ERP software conversion which enabled the company to increase efficiencies, minimize risk, and positively impact the bottom line – contributing to the company’s overall success.

CUNA Mutual Group Expands Lending Technology Capabilities With Acquisition of Compliance Systems, Inc.

Compliance Systems Acquisition Enhances CUNA Mutual Group’s Document Processing and Compliance Technology Capabilities

MADISON, Wis. – CUNA Mutual Group announced the acquisition of Grand Rapids, Michigan-based Compliance Systems, Inc., a privately-held technology company specializing in compliance technology for financial services, to expand the company’s lending technology capabilities.

New CO-OP Study Offers Insights into Financial Journeys of Credit Union Members

CO-OP, Mastercard Analyzed 2,000 Financial Journeys, Focusing on Their Experience with Credit Unions

RANCHO CUCAMONGA, Calif. – To offer credit unions a clearer picture of the member financial journey, CO-OP Financial Services is offering a free white paper and in-depth report that provides analysis of 2,000 individual journeys experienced by credit union members nationwide.

Missed Money20/20 last week? Here’s a quick recap on what credit unions should know

Last week, members of CO-OP’s leadership team traveled to the Money20/20 conference in Las Vegas to discover and discuss the latest trends shaping the future of money. It was a good opportunity to see how our progress in digital transformation compares with our peers outside of the credit union industry. Two things were clear at the end of the conference: we are all in a race to excellence and there are no clear winners yet.

Vizo Financial Takes Part in Victory Junction’s Run to Victory 5K/10K

The Corporate teamed up with the Carolinas Credit Union Foundation & CUs for event

GREENSBORO, N.C. – Vizo Financial joined the ranks of many other supporters that participated in Victory Junction’s Run to Victory 5K/10K event on October 13, 2018. The Corporate was part of the Carolinas Credit Union Foundation’s Credit Unions Care – Team Reach, which was comprised of credit union employees and collectively raised $5,100 for the event.

CO-OP Financial Services Donates $10,000 to Hurricane Michael Relief

Donation Comes in Addition to $10,000 Given Last Month for Hurricane Florence Relief

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is donating $10,000 to CUAid, organized to help credit unions and their members in the areas impacted by Hurricane Michael. The donation by CO-OP comes on the heels of $10,000 donated last month to address emergency relief in the wake of Hurricane Florence.

CUNA Mutual Retirement Solutions Joins Employers and Financial Institutions Nationwide to Participate in National Retirement Security Week

Some 6,000 Retirement Plan Sponsors Invited to Deliver National Education Campaign to Over 300,000 Plan Participants.

MADISON, Wis. – As part of National Retirement Security Week, scheduled for the week of Oct. 21, CUNA Mutual Retirement Solutions will provide plan participants with a set of tools to help them reflect on their personal savings journeys and make sure they are on target to reach their retirement goals. 2018 marks the sixth year CUNA Mutual Retirement Solutions has participated in this national initiative.

South Jersey Federal Credit Union joins njBIZloan Connection

PRINCETON, N.J. – njBIZloan Connection, LLC is proud to announce that South Jersey Federal Credit Union has joined njBIZloan Connection’s new venture, a member business lending/commercial loan referral program (RCU). South Jersey is looking forward to offering business lending to their membership and the community of business owners, commercial realtors, mortgage brokers, appraisers, developers, builders and investors. 

RBC Wealth Management, Garden State Group & NJCUL Services Corporation Collaborate to Help NJ Credit Unions with Investment Management

HIGHTSTOWN, N.J. – NJCUL Services Corporation and RBC Wealth Management, Garden State Group have collaborated to help credit unions of all sizes assess and improve their balance sheets with Investment Management.

With the Garden State Group’s specific focus on credit unions, the following services are offered:

  • FDIC insured CDs
  • No fees for safekeeping
  • Portfolio reviews
  • Cash flow analysis
  • Interest rate shock testing
  • Liquidity accessibility
  • Bloomberg availability
Eversafe Highlighted in ABC 7 Report on Financial Habits as an Indicator of Alzheimer's

WASHINGTON — Your financial habits may be just as important as a brain scan when it comes to diagnosing Alzheimer’s and other forms of dementia, according to a report by ABC7 Washington. The recent article and video, titled “Financial habits maybe as important as a brain scan to identify Alzheimer's,” includes a highlight of NJCUL Services Corporation Business Partner Eversafe, a groundbreaking technology service that protects the finances of seniors and families with enhanced fraud and identity theft monitoring across accounts, credit cards, and credit reports.

CO-OP ANNOUNCES FIRST THINK 19 CONFERENCE SPEAKERS: SETH GODIN AND CHEF JOSE ANDRES

Early Bird Pricing, $1,000 Off Full-Price, Good Through October 31 at co-opthink.org/events

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is announcing two powerhouse keynote speakers to headline the THINK 19 conference. Seth Godin, best-selling author, entrepreneur and thought leader, will join acclaimed Chef Jose Andres, whose New York Times best-seller, “We Fed an Island: The True Story of Rebuilding Puerto Rico, One Meal at a Time,” is receiving high praise from the public and critics.

CO-OP Roadshow Series 2018: Philadelphia, PA
Join CO-OP Financial Services on the Race to Excellence as they continue their collective digital transformation journey in Philadelphia on Tuesday, October 2nd.
$10,000 DONATED BY CO-OP FINANCIAL SERVICES TO HURRICANE FLORENCE RELIEF

Donation Augments CO-OP Shared Branch, ATM Networks to Serve Displaced Members

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is donating $10,000 to CUAid, organized to help credit unions and their members in the Carolinas as they work to recover from Hurricane Florence.

CO-OP Roadshows Chart the Progress of Credit Union Digital Transformation

THINK 18 marked the official start of the “Race to Excellence” and the acceleration of the credit union movement through digital transformation. Since that time, credit unions have been making great strides in embracing digital transformation, as was revealed at the first three CO-OP Roadshows in Boulder, Detroit and Des Moines. The events gave credit unions an opportunity to assess their progress, learn and share new ideas for bringing digital innovation to their members.

CUNA Mutual Group Contributes Initial $1 Million to Support National Consumer Awareness Initiative

Contribution Builds Upon Growing Industry Support for Initiative

MADISON, Wis. – CUNA Mutual Group and Credit Union National Association (CUNA) announced that CUNA Mutual Group has made a $1 million commitment for 2018 to the groundbreaking, research-based effort being led by CUNA to grow consumer awareness and consideration of credit unions as the best financial partner for American consumers.

CUNA Mutual Group’s TruStage Simplified-Issue Life Insurance Exceeds $6 Billion in Issued Coverage Less Than 2 Years After Introduction

Includes $1 Billion in Online Sales Alone. During National Life Insurance Awareness Month, Strong Traction Underscores Robust Demand for Convenient and Affordable Life Insurance Options

MADISON, Wis.  ̶  TruStage, CUNA Mutual Group’s consumer brand, announced today its simplified-issue life insurance products have exceeded $6 billion in issued coverage.

Intuvo: Marketing Automation Key to Credit Unions Better Competing in Today’s Financial Services Industry

New white paper outlines the requirements for automated marketing systems that heighten credit unions’ ability to increase loans and improve member satisfaction

SCOTTS VALLEY, Calif. ⎯ Intuvo, a leading provider of marketing automation software to the credit union industry, has published a new white paper outlining the requirements for an effective marketing automation platform for the modern credit union.

CO-OP FINANCIAL SERVICES LAUNCHES COOPER FRAUD ANALYZER INTO PILOT TESTING

Data-Driven Fraud Mitigation Tool to be Introduced as Security Benefit of CO-OP Shared Branching

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services has launched COOPER Fraud Analyzer, its advanced data-driven fraud mitigation tool, into pilot testing with four participating credit unions in the CO-OP Shared Branch network.

MidState FCU Joins njBIZloan Connection’s Member Business/Commercial Lending Program

PRINCETON, N.J. njBIZloan Connection is excited to announce that MidState Federal Credit Union (MidState) has joined njBIZloan Connection’s new venture, a member business lending/commercial loan referral program (RCU). MidState is looking forward to offering business lending to their membership and the community of business owners, commercial realtors, mortgage brokers, appraisers, developers, builders and investors.

Vizo Financial Announces 2018 Board Election and Officers

GREENSBORO, N.C., and MIDDLETOWN, PA. – Vizo Financial Corporate Credit Union announced the results of the board of directors’ election during its Annual Meeting on August 9, 2018. Member credit unions were invited to attend the meeting at the University of Virginia Inn at Darden Conference and Event Center in Charlottesville, Va., or via live-stream.

Employees Place High Value on Retirement Planning Tools, Financial Wellness, According to CUNA Mutual Retirement Solutions Survey

MADISON, Wis.  When ranking their interest in retirement education components, employee plan participants surveyed by CUNA Mutual Retirement Solutions indicated they were most interested in financial wellness topics and a desire to better understand retirement planning tools and resources available to them.

The 2018 Retirement Education Preferences Survey was conducted to provide plan sponsors insight into what retirement topics plan participants are most interested in, what educational resources they want to help guide them to financial security in their retired years, and how well they understand their retirement plans. The survey delves into demographic trends to offer further insight into how age and gender differences may impact retirement education preferences.

Evolve IP & NJCUL Services Corporation Partner to Bring Enterprise-class, Integrated Cloud Solutions to NJ Credit Unions

HIGHTSTOWN, N.J. – NJCUL Services Corporation and Evolve IP – the Cloud Strategy Company, announced they have partnered to bring compliance-focused, integrated cloud communications and cloud computing services to New Jersey’s 150+ credit unions. Evolve IP, based outside of Philadelphia, PA, is one of the world’s fastest growing cloud companies and provides customized deployment strategies for an extensive client base of credit unions, banks and financial organizations around the globe.

PWCampbell Adds Veteran to Sales Team

PITTSBURGH, Pa. – PWCampbell is proud to announce and welcome James Ryan as the Company’s newest Regional Vice President in the Sales Department. Ryan will be responsible for business development and client satisfaction in the states of Indiana and Michigan.

CU Times Highlights njBIZloan Connection and Servion Mortgage in CU Tech Round-Up

Credit Union Times recently shined a spotlight on a new wave of credit union partnerships with tech vendors to improve the member experience. The article highlights njBIZloan Connection, a collaborative program for NJCUL members to assist with connections for member business lending and servicing needs, and Servion Mortgage, a CUSO that recently partnered with the NJCUL Services Corporation that offers mortgage services.

CO-OP Financial Services Introduces Cardless Cash Access for ATMs

Seamless, Secure Enhancement Improves ATM Experience, Eliminates Card Skimming Losses

RANCHO CUCAMONGA, Calif. – To help credit unions meet digital consumer expectations and enhance security, CO-OP Financial Services is adding cardless ATM transactions to its roster of digital banking and payment solutions. The new Cardless Cash Access allows members to withdraw cash faster and more securely at the ATM by using their phones, rather than a plastic card, to initiate and complete a transaction.

CUNA Mutual AdvantEdge Analytics Launches New Industry Data Platform Integrated with Microsoft’s Common Data Model

Industry-Leading Data Platform Designed to Power Analytics Models for Credit Unions Debuts at Microsoft Inspire 2018

MADISON, Wis. – CUNA Mutual AdvantEdge Analytics announced it has launched its new data platform for the credit union industry, which leverages Microsoft’s technology. This collaboration between Microsoft and AdvantEdge Analytics, announced in March, debuts one of the first industry-specific Common Data Model extensions designed for credit unions. The announcement is in conjunction with Microsoft Inspire 2018.

‘Success’ Says It All: Global Women’s Leadership Network PA Sister Society Volunteers with Dress for Success

MIDDLETOWN, Pa. – Success was the theme of the day as 22 members of the Global Women’s Leadership Network Pa. Sister Society volunteered with Dress for Success, a statewide event supported by Vizo Financial, in various locations throughout the month of June. (There’s no mention of what Vizo has to do with the event except for the quotes, so I figured we’d pop in the phrase” , a statewide event supported by Vizo Financial,” to explain why we’re publishing it.

CU Direct Partners with Colorado’s CU Direct Connect to Provide Credit Unions an Increased Market Presence in the Auto Dealer Community

New Partnership Strengthens Credit Unions’ Ability to Compete in an Expanded Indirect Lending Landscape

ONTARIO, Calif. CU Direct, the nation’s leading developer of lending software technology to the credit union industry, has announced a new partnership with CU Direct Connect (CUDC), an industry provider of vehicle lending and origination funding platforms. The collaborative agreement leverages the strengths of the two largest indirect lending credit union service organizations to better meet the growing indirect lending needs of credit unions, and strengthen the position of the credit union industry nationally with auto dealers.

CUNA Mutual Group Wins 2018 Innovation Award from NAFCU Services

CUNA Mutual AdvantEdge Analytics Secures this First-Time Honor for the Company

MADISON, Wis. – CUNA Mutual Group announced it has won the 2018 Innovation Award from NAFCU Services for AdvantEdge Analytics. The innovation award is a highly recognized award competition for groundbreaking solutions within the credit union industry. The annual competition highlights outstanding innovations that help credit unions thrive in an increasingly saturated financial services market. CUNA Mutual Group was selected for its AdvantEdge Analytics solution that advances the credit union industry through data analytics.

Credit Union Leaders to Gather in Chicago for Alloya’s Executive Leadership Symposium

NAPERVILLE, Ill. – The Credit Union Executive Leadership Symposium is set to return to Chicago, IL on September 5-7, 2018, at the Westin River North. In its fourth year, the symposium, hosted by Alloya Corporate FCU and its wholly-owned CUSO, Balance Sheet Solutions, LLC will bring together credit union executives from across the nation, and provide education on industry trends, economic factors and leadership.

Credit Union of New Jersey joins njBIZloan Connection’s Member Business Lead Lender Program

PRINCETON, N.J. – njBIZloan Connection, LLC  is excited to announce that Credit Union of New Jersey has joined njBIZloan Connection’s new member business/commercial lending venture as a lead lender (LCU). Credit Union of New Jersey is looking forward to funding member business/commercial loans referred to njBIZloan Connection from New Jersey Credit Union League member credit unions.

Deepwater Industries FCU Joins njBIZloan Connection’s Member Business Lending Referral Program

PRINCETON, N.J. – njBIZloan Connection is excited to announce that Deepwater Industries Federal Credit Union has joined njBIZloan Connection’s new venture, a member business lending/commercial loan referral program (RCU). Deepwater is looking forward to offering business lending to their membership and the community of business owners, commercial realtors, mortgage brokers, appraisers, developers, builders, and investors. What a great way to compete, connect, and collaborate!

Narmi & NJCUL Services Corporation Partner to Help NJ Credit Unions Succeed

HIGHTSTOWN, N.J. – NJCUL Services Corporation and Narmi have partnered together to bring innovative financial technology to New Jersey’s 150+ credit unions. Narmi is a financial technology company – namely digital banking and online account opening – specifically designed for regional and community financial institutions like credit unions.

YMC Teams with Three New Hires

Ben Coleman, Lauren Tedeschi and Andrew Ream Join Greenville Marketing Agency

GREENVILLE, S.C. – This month, Your Marketing Co., a full-service creative marketing agency for community financial institutions, welcomed three new marketing professionals to its team. The announcement comes as YMC deepens its talent pool to serve a growing roster of community financial institutions from coast to coast.

CO-OP Financial Services Introduces COOPER; Advanced New Data-Driven ‘Brain’ Designed to Detect and Fight Fraud

Foundational Step to Advanced Machine Learning and Artificial Intelligence Exclusively to Help Credit Unions Improve Security and Increase Member Engagement

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is unveiling COOPER, an advanced data-driven platform designed to detect and fight fraud faster than ever before, bringing more visibility to member activity and needs. COOPER is CO-OP’s largest technology initiative, in which the company is investing millions of dollars to provide state-of-the-art machine learning and artificial intelligence to its client credit unions across the CO-OP ecosystem.

CO-OP Announces New Charitable Option for Sprig by CO-OP Enabling In-Product Donations

Members Can Make CMN Hospitals Contributions Using CO-OP’s Turnkey Mobile App

RANCHO CUCAMONGA, Calif. – As part of its CO-OP Purpose social responsibility initiatives, CO-OP Financial Services is adding a link to the menu options of the Sprig by CO-OP mobile app enabling member donations to Children’s Miracle Network Hospitals.

Jean Chatzky to Kick off Think 18 on Why Credit Unions Must ‘Race to Excellence’

Interview Featured in Next Issue of THINK Review Magazine Covers Meeting Consumer Expectations, How Digital Experience Cuts Across Generations

RANCHO CUCAMONGA, Calif. – The THINK 18 Conference will hold its first general session on May 8 with an introduction by host Jean Chatzky showing why all companies, and especially credit unions, are in a “Race to Excellence.”

CO-OP Financial Services Names Jim Hanisch President of CO-OP Network

RANCHO CUCAMONGA, Calif. – Credit union and payments leader Jim Hanisch has been named President, CO-OP Network, with responsibility for long-term strategy and implementation of the expanding CO-OP ATM and CO-OP Shared Branch nationwide credit union network assets.

PenFed and CUNA Mutual Group Join Forces to Enhance Wealth Management Services to Members

PenFed Credit Union’s more than 1.6 Million Members Can Now Take Advantage of New Investment Services through CUNA Brokerage Services, Inc.

MADISON, Wis. – CUNA Mutual Group and PenFed Credit Union, the nation’s second largest federal credit union with more than $23 billion in assets, today announced they will partner to offer wealth management and investment services to more than 1.6 million PenFed members through CUNA Mutual Group’s affiliate, CUNA Brokerage Services, Inc. (CBSI).

CO-OP Financial Services Congratulates Shazia Manus on Appointment to CUNA Mutual Group

Manus Played Integral Role in Successful Transition of TMG within CO-OP

RANCHO CUCAMONGA, Calif. – Credit union fintech provider CO-OP Financial Services announced that Shazia Manus, Chief Product and Strategy Officer, will be leaving the company this month to join CUNA Mutual Group’s AdvantEdge Analytics, a data and analytics business.

Impactful Investing with Alloya: Limited Time Offer: Invest in the CIF in April, Gain an Additional 5 Basis Points; Investment benefits National and New Jersey Credit Union Foundations

In partnership with the National Credit Union Foundation and state credit union foundations, Alloya Corporate is offering a unique, limited time offer on Community Investment Fund (CIF) certificates of deposit. Throughout the month of April 2018, your investment will earn an additional five basis points on the purchase of Corporate Share Certificates – giving you the opportunity to make more money, while donating a larger contribution that supports various local and national financial literacy, development, and scholarship initiatives.

CO-OP FINANCIAL SERVICES ANNOUNCES $30.5 MILLION SHAREHOLDER PATRONAGE FOR FY 2017

CO-OP Caps Transformative Year with Strong Dividend to 1,200 Shareholding Credit Union Owners

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is announcing a patronage (shareholder dividend) pool of $30.5 million for fiscal year 2017, raising to $426.8 million the total patronage amount made available by CO-OP since becoming a cooperative in 1996.

YMC Announces Fred LeBlanc as Annual Meeting Headliner

Cowboy Mouth’s Lead Singer to Speak on Creating Memorable, Life-Changing Experiences

GREENVILLE, S.C.Your Marketing Co., a full-service creative marketing agency for community financial institutions, announced Fred LeBlanc, lead singer of Cowboy Mouth, will headline its YMC Family Event, August 19-20, 2018. The two-day annual meeting features opportunities for YMC’s clients to network with other professionals, gain new skills and learn about the latest financial branding, marketing and advertising issues and trends.

Financial Advisor Magazine Highlights EverSafe

Fintech Cited as a Tool to Combat Elder Fraud

Financial technology, known as “fintech,” is technology innovation that offers an alternative to traditional methods in the delivery of financial services. And financial institutions are beginning to embrace fintech solutions in their quest to prevent and identify signs of exploitation, especially with respect to vulnerable adults.

CO-OP INTRODUCES FULL SPEAKER LINE-UP, ADDITION OF ‘POWER SPRINTS’ AND CRASHERS PROGRAM FOR THINK 18

Keynote Speakers Will Focus on Market, Culture and Tech Trends Impacting Credit Unions Today

RANCHO CUCAMONGA, Calif. – “The Race to Excellence” kicks off May 7 as host Jean Chatzky of NBC’s Today Show joins swimming champion Michael Phelps and a diverse, insightful line-up of speakers at CO-OP’s THINK 18. The conference will provide a deep dive for credit union leaders into strategies and methodologies to leverage digitization, artificial intelligence, platform thinking and new transformative leadership behaviors to evolve credit unions, wow members and grow market share.

Bethpage FCU Expands Use of CU Direct’s Intuvo Digital Marketing Solutions to Advance Member Onboarding Success

After success using Intuvo’s digital marketing platform to improve mortgage lending, credit union turns to Intuvo to drive personalized onboarding efforts.

SCOTTS VALLEY, Calif. – Intuvo, a leading provider of marketing automation software to the credit union industry, has announced that Bethpage Federal Credit Union has expanded its use of Intuvo’s digital marketing solutions to include new member onboarding.

New at THINK 18: Power Sprints Speed Up Your Strategic Process

We’re all in a race to excellence as we navigate the rapids of digital transformation and a fast-changing competitive landscape. At THINK 18, credit union leaders will find inspiration, get their bearings and develop a roadmap for the future in four immersive days, May 7 to 10, in Chandler, Arizona.

CUNA Mutual AdvantEdge Analytics and Microsoft Join Forces on New Strategic Data Platform for Credit Unions

Companies Will Create New State-of-the-Art Data Analytics Offering for the Credit Union Industry

MADISON, Wis. – CUNA Mutual AdvantEdge Analytics announced today it will work with Microsoft to develop the next generation data platform for the credit union industry. The collaboration will not only create a standardized cloud-based platform for the industry, it will also enable credit unions to benefit from the scalability of leading technology and integration essential to a data analytics strategy.

Strong Financial Momentum Continues for CUNA Mutual Group in 2017

Company’s Continued Investment in Innovation and New Technology Delivers Growth Opportunities Benefiting Credit Unions and Consumers

MADISON, Wis. – CUNA Mutual Group continued its record-setting pace in 2017, producing outstanding financial results while delivering innovative, next-generation solutions to help credit unions thrive and people achieve financial security.

CUNA Mutual Group’s TruStage ‘What Matters Now’ Research Explores Multicultural Consumers

SAN FRANCISCO – CUNA Mutual Group released its annual TruStage® What Matters Now consumer research during CUNA’s Marketing and Business Development Council Conference Tuesday. The research revealed the unique makeup and preferences of today’s multicultural consumers, how these cultural differences impact business performance, and ways credit unions can reach and establish more meaningful relationships with this core consumer group.

Help CO-OP Benchmark Debit Trends to Unlock Opportunities for Growth

Take this short survey and CO-OP will donate $100 to Children’s Miracle Network Hospitals on your behalf.

CO-OP Financial Services is partnering with Mastercard to commission a benchmark study on the state of debit cards among U.S. credit unions. The survey, conducted by Mercator Advisory Group, will be used to develop an in-depth industry report on important debit card trends regarding usage, issuance, servicing and management.

CU Direct Publishes White Paper on Visions FCU’s Success with Lending 360 Loan Origination System

Visions FCU in New York implemented CU Direct’s Lending 360 Loan Origination System, providing a true omni-channel experience for both members and employees. As a result, the credit union has tripled online and mobile loan volume, increased organization-wide consumer loan origination totals by up to 60%, improved quality control and efficiency, and has maintained member service ratings.

CUNA Mutual Group Contributes Unprecedented $20 Million to Its Foundation

Contribution Creates a Sustainable Funding Source to Significantly Benefit Local Communities, Nonprofit Groups and the Credit Union Industry for Years to Come

MADISON, Wis. – CUNA Mutual Group announced it has made a $20 million contribution, the single largest of its kind, to the CUNA Mutual Group Foundation that will further its long-term commitment to the communities and industry it serves. The unprecedented boost in funding, aided by federal tax reform, helps the company’s foundation further support nonprofit organizations that address economic challenges, education disparities, and equity issues facing many communities today.

Data Scientist Joins CO-OP to Lead Fraud Products

Fotis Konstantinidis joined CO-OP Financial Services in January 2018 as Senior Vice President overseeing fraud products. He sat down with CO-OP’s Insight Vault to discuss data science, machine learning and fighting fraud in an always-connected, Internet of Things world.

Credit Unions are Capitalizing on Big Banking Backlash

Bank of America Protest is the Latest to Open Doors for Effective Switch Campaigns

GREENVILLE, S.C. – With the end of a free customer checking account at Bank of America, which has received public scrutiny for hurting thousands of low-income households, several credit unions across the country have seized the opportunity to reassure there is a better banking alternative. The campaigns are only being run on social media, including Facebook and Instagram videos educating consumers on how much the new Bank of America fee structure will cost them in the long run.

Vizo Financial Debuts New CECL Solution Powered by ARCSys

GREENSBORO, N.C., and MIDDLETOWN, Pa. – New year, new CECL solution for credit unions! That’s the goal Vizo Financial had in mind when it partnered with ARCSys Technologies to help credit unions take on the complexities of the new current expected credit loss (CECL) ruling set forth by the Financial Accounting Standards Board (FASB).

Switch Campaigns Flip the Stagecoach

In the Wake of Scandal Credit Unions are Offering Wells Fargo Customers Incentives

GREENVILLE, S.C. – Credit unions in California, Florida, New Jersey and South Carolina are throwing some jabs at the third largest bank in the U.S. Targeting the customers of Wells Fargo Bank, the credit unions are offering $100 incentives to the customers impacted by the glitch that drained customer accounts on Wednesday.

Kemba, A+ Federal, and Michigan Educational Credit Unions Sign with CUNA Mutual AdvantEdge Analytics

Credit Unions Look to Use Advanced Analytics to Improve Member Experience

MADISON, Wis. –  CUNA Mutual AdvantEdge Analytics announced that Kemba Credit Union with $860 million in assets, headquartered in Cincinnati, Ohio; A+ Federal Credit Union, with $1.3 billion in assets, headquartered in Austin, Texas; and Michigan Educational Credit Union, with $800 million in assets, headquartered in Plymouth, Michigan; will partner with AdvantEdge Analytics to build their advanced analytic platforms and services to gain better member insights.

CO-OP OFFERS NEW REWARDS EXPERIENCES FOR CREDIT UNION MEMBERS

Solutions Enhancements Designed to Build Member Engagement, Deepen Loyalty, Drive Revenue

RANCHO CUCAMONGA, Calif. – To help credit unions meet their member-engagement and top-of-wallet goals in 2018, CO-OP Financial Services is launching enhancements to its Member Rewards and ShopSPOT by CO-OP merchant-funded solutions.

PWCAMPBELL PROMOTES THREE KEY EMPLOYEES

PITTSBURGH, P.A. – PWCampbell, founded in 1910 as a design/build company, has evolved into a North American leader in design/build of financial institutions. PWCampbell began to diversify its field of business in 2012 and grew its core competency of design/build, branding & merchandising and retail branch technology for the financial services industry. PWCampbell is also a leader in urban redevelopment, residential and commercial construction and is in its fourth generation of family ownership. While the entire PWCampbell team is respected for their dedication and contributions, several key employees that have been instrumental in the growth and success of the Company are being recognized with a promotion.

EverSafe and NJCUL Services Corporation Partner to Protect Credit Union Members Against Fraud and Identity Theft

HIGHTSTOWN, N.J.Nearly one in five older Americans are victimized in financial scams each year. EverSafe, a technology service that provides enhanced fraud and identity theft monitoring to protect families against financial abuse, and NJCUL Services Corporation announced a partnership that will protect the finances, credit, and identity of credit union members in New Jersey.

Vizo Financial & CUSOs Give Back in 2017

GREENSBORO, N.C., AND MIDDLETOWN, Pa.In 2017, Vizo Financial and its CUSOs, MY CU Services, Sollievo and AMIS, set out on a mission to give back to their local communities. Over the course of the year, the corporate credit union took part in more than 15 different community events to benefit organizations across the entire country.

CUNA Mutual Group Expands Relationship with InsurTech Investment, ForeverCar

Company Enhances its Post-Loan Mechanical Repair Coverage with New Full-Service Marketing Program for Credit Unions

MADISON, Wis. – CUNA Mutual Group announced it will expand its MEMBER’S CHOICE® Mechanical Repair Coverage (MRC) by adding a new marketing program, powered by ForeverCar. Combining traditional and digital marketing, ForeverCar’s platform will help credit unions reach all their members with an eligible vehicle, even if that vehicle has no loan or is financed elsewhere.

CU Solutions Group and Angott Search Group announce joint venture

CUSG Executive Search powered by Angott

Livonia, Mich. – CU Solutions Group (CUSG) and Angott Search Group (ASG) launched the firm, CUSG Executive Search powered by Angott, a joint venture with full-service search and recruiting yesterday. CUSG Executive Search powered by Angott will draw on the firm’s industry-leading expertise to deliver executive search, recruiting, research, board consulting and training to credit union clients.

Chartway FCU and STCU Choose CUNA Mutual AdvantEdge Analytics

Credit Unions Look to Strengthen Member Insights Through Advanced Data Analytics

MADISON, Wis. – CUNA Mutual Group announced Chartway Federal Credit Union, with $2.1 billion in assets, headquartered in Virginia Beach, Virginia, and STCU, with $2.6 billion in assets, headquartered in Spokane, Washington, will partner with CUNA Mutual AdvantEdge Analytics to implement their integrated data management and analytics services.

TruStage® Debuts Simplified-Issue Whole Life Insurance Product

TruStage among first to market with completely online consumer purchase experience for whole life insurance
Builds on success of TruStage Online Term Life Solution that delivered $1 billion in issued coverage in first year

MADISON, Wis. – TruStage, CUNA Mutual Group’s consumer brand, announced today the launch of its new entirely digital simplified-issue whole life insurance product, available to consumers by answering just a few questions and delivering an automated, underwriting decision within minutes.

CUNA Mutual Group Foundation Launches Holiday Giving Campaign to Support Ongoing Disaster Relief

Foundation to Match Up to an Additional $100,000 in CUAid Support to Help Affected Credit Unions

MADISON, Wis. – The CUNA Mutual Group Foundation launched a holiday giving campaign to help credit union staff and members affected by hurricanes, floods and wildfires in the U.S. mainland and Puerto Rico this year. The Foundation will match every dollar donated to CUAid – up to $100,000 – now through Dec. 31, to provide additional support for the ongoing disaster relief efforts.

KATHY HERZIGER-SNIDER JOINS CO-OP FINANCIAL SERVICES, BRINGING TRANSFORMATIONAL DIGITAL EXPERTISE TO PAYMENTS SOLUTIONS

Payments Industry Vet to Lead ATM, Debit/Prepaid and Shared Branch Business Lines

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services announced the addition of Kathy Herziger-Snider to the firm’s product management leadership team. Reporting to CO-OP Chief Product and Strategy Officer Shazia Manus, Herziger-Snider will serve as a senior vice president, leading CO-OP’s ATM, debit/prepaid and shared branch business lines.

NJCUL and SimplyCredit Agree to New Business Partnership

HIGHTSTOWN, N.J. & SAN FRANCISCO – A new partnership between the NJCUL Services Corporation and San Francisco-based fintech company, SimplyCredit, will help New Jersey’s credit unions combat online disruption and accelerate membership and lending growth. Through the relationship, SimplyCredit will enable consumers to dynamically refinance high-APR credit card balances with participating New Jersey credit unions using a seamless mobile and Web interface.

NJCUL Services Corporation Announces njBIZloan Connection

HIGHTSTOWN, N.J. NJCUL Services Corporation and Biz Lending & Insurance Center, Inc. (BLIC) announced a new program njBIZloan Connection at the New Jersey Credit Union League’s 83rd Annual Convention at the Golden Nugget Casino in Atlantic City.

The njBIZloan Connection is designed for NJCUL-member credit unions to participate in a collaborative program that allows credit unions to earn non-interest income and accept direct business loan leads.

Self-Service Banking Gets Easier, More Secure With CO-OP ATM Terminal Driving Upgrades

CO-OP First to Support Diebold’s New Vista 5.1 Platform with ATM Member Engagement Enhancements

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is marking the ATM’s 50th year by making a series of credit union member-centric upgrades to its CO-OP ATM Terminal Driving services, building on security provisions, simplifying navigation and adding new transaction options.

First Tech FCU Chooses CO-OP Financial Services For Full-Service Credit, Member Rewards

Major Expansion of Long-Standing Partnership Designed to Help First Tech Provide Seamless, Comprehensive Payment Services in the Digital Age

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is announcing a major expansion of its long-standing partnership with First Tech Federal Credit Union of Mountain View, California, including contracting for CO-OP Full-Service Credit processing and Member Rewards by CO-OP.

CUNA Strategic Services and CUNA Mutual AdvantEdge Analytics to Empower Credit Unions with Better Data Management and Advanced Analytics

MADISON, Wis. – CUNA Strategic Services announced a new strategic alliance with CUNA Mutual AdvantEdge Analytics. AdvantEdge Analytics strives to empower credit unions with better data management and advanced analytics to improve member experience. This industry collaboration will not only support credit unions with potential new growth opportunities through data analytics, but will also work to improve current data challenges credit unions face regarding data fragmentation, business intelligence and analytics capabilities.

“As credit unions navigate the growing change and disruption in the financial services industry, we see AdvantEdge Analytics as the natural partner who not only has vested interest and industry credibility, but also the investment and scale to build an analytics platform that benefits the credit union system as a whole,” said Eric Gelly, President of CUNA Strategic Services. “Credit unions have an incredible opportunity to grow their reach and serve more members if they can tap into the power of their data. We are excited to partner with AdvantEdge Analytics on this journey.”

CO-OP Financial Services and Data Systems of Texas Partner to Serve Credit Unions in Southern and Western States

Technology, Service Partnerships Critical to Rapid, Successful Digital Transformation of Financial Institutions

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services and Data Systems of Texas are partnering to help credit unions seamlessly and securely transform digital payments services for members. CO-OP products will be offered to Data Systems clients that use Sharetec core processing solutions. 

CU Direct’s Lending 360 Loan Origination Platform Surpasses 100 Credit Union Milestone

Seven credit unions select CU Direct’s LOS technology to streamline loan originations, improve efficiencies and simplify the loan application process.

ONTARIO, Calif. – CU Direct, the nation’s leading lending technology and automotive solutions provider for credit unions, has announced that its Lending 360 Account & Loan Origination System (LOS) has reached a new milestone, as more than 100 credit unions are using the platform to drive both loan efficiencies and originations.

Orange County’s Credit Union Partners with AdvantEdge Analytics

Credit Union Looks to Build Analytics Culture as Part of an Enterprise-Wide Data Transformation

MADISON, Wis. –  CUNA Mutual AdvantEdge Analytics today announced Orange County’s Credit Union, based in Santa Ana, California will implement AdvantEdge Analytics’ data reporting and performance management services to accelerate their data analytics strategy. With assets exceeding $1.5 billion, Orange County’s Credit Union serves more than 103,000 members at ten locations across southern California.

Matthew Maguire Joins CO-OP Financial Services as Chief Data Officer

Appointment Advances CO-OP’s Technology Talent and Infrastructure Goals

RANCHO CUCAMONGA, Calif. – Matthew Maguire has joined CO-OP Financial Services as Chief Data Officer, a key milestone in CO-OP’s on-going initiative to grow the firm’s technology talent and infrastructure. In addition to advancing the firm’s technology goals, Maguire will be instrumental in helping the credit unions that are a part of the CO-OP ecosystem make greater use of their data with emerging technologies, such as machine learning and artificial intelligence.

Altra Federal Credit Union Signs with CUNA Mutual Group’s AdvantEdge Analytics

Credit Union Will Partner with AdvantEdge to Further Guide Next-Gen Data Capabilities

MADISON, Wis. –  CUNA Mutual AdvantEdge Analytics announced Altra Federal Credit Union, headquartered in Onalaska, Wis., will implement AdvantEdge Analytics’ data analytics solution to better serve its members. With assets exceeding $1.3 billion, Altra serves more than 96,000 members with 19 branch locations throughout eight states.

PWCampbell Hires Quality Assurance Manager

PITTSBURGH, Pa. – PWCampbell announced the addition of Shaun Donovan to the PWCampbell team in the role of Quality Assurance Manager. PWCampbell prides itself on providing superior products and services and considers the position of Quality Assurance Manager an integral part of our Complete Facility Solution.

Vizo Financial 2017 Financial Conference a Success

GREENSBORO, N.C. – On Sept. 13-15, 2017, Vizo Financial Corporate Credit Union held its 2017 Financial Conference at the luxury Ballantyne Hotel and Lodge in Charlotte, N.C.

Employees from more than 45 credit unions attended the three-day conference, which included education sessions, golf and spa activities, and networking opportunities.

$10,000 Being Donated to Tropical Storm Harvey Disaster Relief by CO-OP Financial Services

Donation Made In Addition to Business Continuity Relief Through Nationwide CO-OP Shared Branch
And CO-OP ATM Networks, Available to Members of Participating Credit Unions

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is donating $10,000 to CUAid, organized to help credit unions and their members in Texas impacted by Tropical Storm Harvey. The donation augments the nationwide CO-OP Shared Branch and CO-OP ATM networks used extensively in credit union business continuity and recovery during times of disaster.

CUNA Mutual Group Earns No. 2 Spot on List of Most Reputable Insurance Companies by Reputation Institute

Company Also Ranked No. 1 In Life And Investment Insurance Category

MADISON, Wis. - CUNA Mutual Group has been recognized as one of the most reputable insurance companies in the United States, by Reputation Institute, with the release of the 2017 US Insurance RepTrak®, the survey of insurance company reputations. CUNA Mutual Group ranked second overall for most reputable insurance companies and No. 1 in the life and investment category.

Harborstone Credit Union Joins on with CUNA Mutual Group’s AdvantEdge Analytics

Credit Union Looks to Build a Stronger Data Driven Organization to Better Serve Members

MADISON, Wis. – CUNA Mutual AdvantEdge Analytics announced Harborstone Credit Union ($1.2 billion in assets) headquartered in Lakewood, Wash., will partner with AdvantEdge Analytics to implement its reporting and performance management services. This partnership will enable Harborstone to accelerate its data analytics strategy and gain better insights to deliver more value back to members.

2017 IT & Security Conference a Big Hit for Vizo Financial

MIDDLETOWN, Pa. – “Very well done, very informative.” That’s just one of the many fantastic reviews Vizo Financial received about its 2017 IT and Security Conference! The event was held on August 7-9, 2017, at The Central Hotel in Harrisburg, Pa., and featured 25+ education sessions, 15 expert speakers and two nights of evening entertainment and networking.

Virtual Lending Offers Access to Millennials, But it Comes With Risks, According to CUNA Mutual Group

CMG’s Bullard to Discovery Attendees: CUs Need Millennials for Sustainability, Viability

MADISON, Wis. – Virtual lending to millennials will be critical to the future success and sustainability of credit unions, but it’s important to be cognizant of the growing risks posed by expanding online channels and take steps to mitigate them, CUNA Mutual Group’s Jim Bullard told a Discovery Conference audience Thursday.

Economic Growth Continues Above Trend for 2018 and Beyond, According to CUNA Mutual Group

Discovery Conference Attendees Told Key Economic Indicators Show Continued Market Opportunities but Slow Down in Sight

MADISON, Wis. – Credit unions can expect the U.S. economic growth will remain above trend in 2017 and into 2018, said CUNA Mutual Group’s director and chief economist Steven Rick. As credit unions continue to reap the benefits from this economic expansion, the next two years will continue to see a growth of up to 2.4 percent, he told attendees at CUNA Mutual Group’s eighth annual Discovery Conference Thursday.

Vizo Financial Announces 2017 Board Election and Officers

GREENSBORO, N.C., and MIDDLETOWN, Pa. – Vizo Financial Corporate Credit Union announced the results of the board of directors’ election during its Annual Meeting on August 10, 2017.  The event was held at the University of Virginia Inn at Darden Conference and Event Center in Charlottesville, Va., and was also available to members via live-stream.

BCU and Coastal Credit Unions Sign with CUNA Mutual AdvantEdge Analytics

Credit Unions Look to Build Stronger Data Analytics Capabilities and Member Insights

MADISON, Wis. – CUNA Mutual Group announced Baxter Credit Union (BCU) with $2.8 billion in assets, headquartered in Vernon Hills, Ill., and Coastal Credit Union, with $2.9 billion in assets, headquartered in Raleigh, N.C., will partner with CUNA Mutual AdvantEdge Analytics (AdvantEdge Analytics) to implement their integrated data and analytics services to better serve members. In addition, both credit unions have signed on as charter members to provide strategic guidance that will bring further collaboration and sharpen AdvantEdge Analytics’ vision and its future product development roadmap.

RBFCU and CUNA Mutual AdvantEdge Analytics Ink Deal

Credit Union Looks to Strengthen Their Data Analytics Strategy to Improve Member Insights and Service

MADISON, Wis. – CUNA Mutual Group announced Randolph-Brooks Federal Credit Union (RBFCU), headquartered in Live Oak, Texas, will partner with CUNA Mutual AdvantEdge Analytics (AdvantEdge Analytics) to implement its fully integrated data analytics solution to better serve RBFCU members. With assets exceeding $8 billion, RBFCU serves more than 700,000 members from 55 branch locations throughout Texas.

Vizo Financial’s 2017 Hot Dog Eating Contest Raises $2,000 for Children’s Miracle Network Hospitals

MIDDLETOWN, Pa. – The heat was on during Vizo Financial Corporate Credit Union’s 2017 Hot Dog Eating Contest, which brought in $2,000 for Children’s Miracle Network (CMN) Hospitals at Penn State Children’s Hospital!

The contest was held on July 19, 2017 - National Hot Dog Day! Six contestants duked it out to see who could eat the most hot dogs in five minutes. In a twist, this year’s Hot Dog Eating Contest pitted guys against guys in the men’s competition and ladies against ladies in the women’s competition.

TruStage® and CU Solutions Group Partner to Celebrate Family Summer Vacations

Both Organizations Will Collaborate Through Member Photo Contest and New Media Channels to Promote the Credit Union Movement

MADISON, Wis. – Over the next month, millions of families will hit the road to enjoy a fun family getaway before school starts. To celebrate these family memories, TruStage and CU Solutions Group’s Love My Credit Union Rewards program are teaming up to make family vacations a little more fun this year. The organizations invite people to share photos from their summer vacation trips through Facebook, Twitter or Instagram -- including #CUVacay in their posts -- for a chance to win.

PWCampbell Promotes Brian Hillegass to Sales Department

Pittsburgh, PA – PWCampbell is pleased to announce the promotion of one of its team members, Brian Hillegass, to the role of Regional Vice President. PWCampbell prides itself on being an employee oriented company and is delighted to be able to offer the opportunity of growth and advancement to one of its key employees.

LendKey Announces Series C Funding

NEW YORK -- LendKey, the leading lending-as-a-service solution for banks and credit unions, today announced $13 million in Series C funding, $8 million in equity and $5 million in debt financing. North Atlantic Capital, based in Portland, ME, led the round with participation from each of LendKey's existing investors including DFJ, Updata Partners, Gotham Ventures, and TTV Capital.

New CO-OP Mobile App Locates Nearby ATMs, Shared Branching Locations

RANCHO CUCAMONGA, Calif. – The new CO-OP Locator app from CO-OP Financial Services makes it easy for smartphone users to locate any of nearly 30,000 surcharge-free CO-OP ATMs and 5,600 locations in the CO-OP Shared Branch network.

The downloadable locator app for Android and Apple iOS devices is available to the 60 million members of credit unions participating in CO-OP ATM and CO-OP Shared Branch. Todd Clark, President/CEO of CO-OP, believes the app’s new enhanced version will be particularly useful among Millennial credit union members.

Credit Unions Invited to Join in National Back-to-School Backpack Drive Hosted by CO-OP Financial Services Program

RANCHO CUCAMONGA, Calif. – Now through Sept. 30, 2017, CO-OP Financial Services in partnership with school supply company Yoobi is offering credit unions an opportunity to receive a shipment of backpacks, school supplies and financial literacy resources to help children in their local communities. Any credit union can participate, regardless of affiliation with CO-OP, and online sign-up is open now.

PWCampbell Hires Seasoned Professional to Lead Expansion into New England States

PITTSBURGH, PA – PWCampbell, a 107-year-old leading retail services and design/build firm headquartered in Pittsburgh, Pennsylvania, is expanding into the New England territory and has hired a seasoned professional to lead the company’s efforts. As part of its commitment to the new market, the company has hired Alan DeToma, a native to the area with over 20 years of industry experience.

CUNA Mutual Group Experiences Strong Traction with Online Term Life Insurance Product

TruStage® Simplified-Issue Term Life Insurance Surpasses $500 Million in Policies Written with Availability in 49 States

MADISON, Wis.TruStage, CUNA Mutual Group’s consumer brand, announced that its simplified-issue term life product, unveiled in November 2016, has surpassed $500 million in coverage for customers spanning 49 states. TruStage is among the first insurers to the market with a term life insurance product that consumers can purchase entirely online.

Alaska USA FCU Adds CO-OP Shared Branching to 43 Locations, Cooperative Network Grows to 5,500 Credit Union Branches

With 615,000 Members and $7 Billion in Assets, Alaska’s Largest Credit Union Expands Resources for Consumers at Home and On the Road

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services announced that Alaska USA FCU, Alaska’s largest credit union and the 17th largest in the country, is expanding its participation in CO-OP Shared Branching, adding 43 new branches to the cooperative network.

CUNA Mutual Group’s Free Online Discovery Conference Set for August 17th

MADISON, Wis. – CUNA Mutual Group announced today registration is open for its eighth annual, day-long Discovery Conference on Aug. 17. The conference brings together leading disruption experts and credit union leaders to help credit unions prepare for upcoming 2018 strategic planning sessions in a rapidly changing industry. The virtual, no-cost event is geared toward credit union CEOs and senior leadership teams.

Data Analytics Hold Great Opportunities for Credit Union Growth, Says CUNA Mutual Group

ACUC Attendees Learn How Data Can Build Membership, Manage Risk, and Strengthen the Member Experience

LAS VEGAS – The sheer volume of consumer data opens up great opportunities for credit unions to grow and strengthen member relationships, said CUNA Mutual AdvantEdge Analytics’ President Tim Peterson. CUNA Mutual AdvantEdge Analytics is the new data and analytics technology and services business created to help credit unions deliver a better member experience through actionable data insights. Peterson presented on the power of data analytics and what credit unions can do to embrace data strategies at CUNA’s America’s Credit Union Conference breakout session Wednesday.

Despite An Encouraging 2016, Fraud Losses in 2017 Could Be Highest Ever, According to CUNA Mutual Group

Embracing EMV Standard Still Best Bet To Control Plastic Card Fraud, ACUC Audience Told

LAS VEGAS – Although 2016 card fraud loss trends showed some improvement, escalating losses so far in 2017 indicate it could be a record year for fraud, a CUNA Mutual Group risk consultant told a CUNA’s America’s Credit Union Conference audience Tuesday. Robert Jarosinski, senior consultant for Risk and Compliance Solutions, said despite new fraud-fighting tools and technologies, criminals continue to have the upper hand.

Wealth Management Services Not Just For the Extremely Wealthy, Says CUNA Mutual Group

Credit Union Members May Be Overlooked, Underserved in the Changing Marketplace, ACUC Audience Told

LAS VEGAS – Continued misperceptions about wealth management along with the industry’s shifting focus to serve high-net worth clients are attributing to a growing gap in investment services, said Michael Johnson, CUNA Mutual Group vice president of Wealth Management, during a CUNA’s America’s Credit Union Conference breakout session Monday.

Credit Union Leaders to Gather in Chicago for Alloya’s CU Executive Leadership Symposium in September

NAPERVILLE, Ill.  – The Credit Union Executive Leadership Symposium is set to return to Chicago, IL on September 6-8, 2017, at the InterContinental Chicago Magnificent Mile. In its third year, the symposium, hosted by Alloya Corporate FCU and its wholly-owned CUSO, Balance Sheet Solutions, LLC will bring together credit union executives from across the nation, and provide education on industry trends, economic factors and leadership.

CU Direct Acknowledges Credit Unions for Achievements in Lending and Marketing

Industry Best Practice and Diamond Awards Presented to Credit Unions During Drive ’17 Lending Conference

LAS VEGAS, N.V. – CU Direct announced the winners of their 2017 Best Practices and Diamond Awards, during the company’s Drive ’17 Lending Conference -- the credit union industry’s largest annual lending event -- held this week in Las Vegas, Nevada.

CUNA Mutual Group Names Jacqueline S. Shoback to Board of Directors

EVP at Boston Private Financial Holdings Brings Diverse Financial Services and Consumer Retail Expertise to Role

MADISON, Wis. – CUNA Mutual Group has appointed Jacqueline S. Shoback to its board of directors, effective immediately, replacing director Joseph J. Gasper, who is retiring after 12 years of service. Shoback is executive vice president, chief client development officer for Boston Private Financial Holdings, a publicly traded private banking and investment management firm.

Vizo Financial Unites Members Through Change a Child’s Life Coin Drive Competition

MIDDLETOWN, Pa. and GREENSBORO, N.C. – Life can change on a dime. That’s why Vizo Financial challenged its member credit unions to raise money for Children’s Miracle Network (CMN) Hospitals through a coin drive competition. All the money was collected through Credit Unions for Kids’ (CU4Kids) Change a Child’s Life coin collection campaign.

CUNA Mutual Group Announces New Data and Analytics Services Business

Company’s New Data Analytics Offering is Part of a Multi-Year $250 Million Investment in Innovation to Benefit the Credit Union Industry

MADISON, Wis. – CUNA Mutual Group announced the launch of CUNA Mutual AdvantEdge Analytics LLC, a new data and analytics technology and services business to help credit unions deliver a better member experience through actionable data insights. The industry’s most integrated end-to-end solution brings together data management, reporting and performance management, and advanced analytics into one complete offering.

CMFG Ventures Leads Investment in MortgageHippo Digital Lending Platform Delivers ‘Swift’ Technology for a Better Consumer Experience

MADISON, Wis. – CMFG Ventures, LLC, the venture capital entity of CUNA Mutual Group, announced its latest investment in Chicago-based, MortgageHippo, Inc., a financial technology startup that provides a digital mortgage platform to guide consumers through every step of the mortgage origination process. CMFG Ventures led the extension for the company’s seed round of approximately $2.25 million.

CUNA Mutual Group Named 2017 Celent Model Insurer

Celent Recognizes TruStage’s Simplified-Issue Term Life Insurance Product for Its Innovation and Customer Experience

MADISON, Wis. – CUNA Mutual Group has won a 2017 Celent Model Insurer Award in the digital and omnichannel technology category for its TruStage® simplified-issue term life insurance product. The recognition by Celent, a global research and advisory firm in the financial services and insurance industries, highlights the company’s innovative, consumer brand TruStage.

CO-OP Financial Services Announces Acquisition of TMG and Organizational Restructure

Moves Tied to CO-OP’s Commitment to Credit Union Movement Expansion and Growth

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services has acquired TMG and restructured its leadership team to deliver payments products and engagement services addressing today’s transformational market dynamics and make credit unions the most desirable financial providers to modern consumers. 

Offer Surcharge-Free Access to ATMs at 7-Eleven Stores Coast to Coast

CO-OP Financial Services recently inked an agreement with FCTI, Inc., ensuring that approximately 8,000 ATMs located in 7-Eleven® stores nationwide will continue to be part of the CO-OP ATM network—surcharge-free—for years to come. This coincides with other industry developments to make the CO-OP ATM network the only one to continuously provide credit union members with surcharge-free access to ATMs in 7-Eleven locations. 

CO-OP Financial Services Bringing Artificial Intelligence to Fight Against Credit Union Fraud

Machine Learning Risk Management Tool Goes Live in 2017

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is working to implement artificial intelligence to fight fraud, with a machine learning-based risk management tool to be utilized by CO-OP for its client credit unions in 2017.

“A key pain point for credit unions in 2017 is that fraud mitigation tools have not kept pace with the relentless advance of fraud,” said Todd Clark, President/CEO of CO-OP. “CO-OP Financial Services has an equally relentless commitment to credit union and cardholder security. We are investing $20 million this year on new innovations to ensure credit unions have access to the very best technology in the payments industry. Implementing machine learning capabilities is a key initiative in delivery on that promise.”

CUNA Mutual Group Reports Strong Financial Results for 2016

Record Performance Enables Significant Reinvestment to Better Serve Credit Unions and Consumers

MADISON, Wis. – CUNA Mutual Group today reported strong 2016 financial earnings and operating results, including record revenues and income for the third straight year. Total revenue rose to $3.3 billion, an increase of 4.7% from 2015. Net income increased 2.8% from the previous year to $223 million, which is attributed to growth in its core business units, positive claims experience and strong investment performance.

CU Direct Unveils New Lending Insights 4.0 Platform During GAC

End-to-End Loan Portfolio Management Platform Helps Credit Unions Increase Profitability and Efficiency, Drive Business Decisions, and Maintain a Competitive Marketplace Edge

WASHINGTON – CU Direct, the nation’s leading lending technology and automotive solutions provider for credit unions, has launched the next generation of its Lending Insights loan portfolio management platform. Recognized as the industry standard when it comes to harnessing data for competitive advantage, Lending Insights 4.0 provides credit unions with best in class portfolio analytic tools to manage risk, meet regulatory requirements, increase profitability, and optimize loan portfolio performance.

Presentations on Fraud Trends, Faster Payments Highlight CO-OP Networking Lounge at GAC

CO-OP Booth #301 in Exhibit Hall Will Explore the “Power of How” for Credit Union Growth

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is expanding its presence at next week’s GAC gathering beyond the exhibition floor with the CO-OP Networking Lounge, which will include presentations on Monday and Tuesday on fraud trends and faster payments. In addition, CO-OP in booth #301 in the exhibit hall will explore the “Power of How” for credit union growth.

PenFed and CUNA Mutual Group Join Forces to Bring TruStage Experience to Members

CU’s 1.5 Million Members Can Help Protect Their Families with Life and AD&D Insurance

MADISON, Wis. – CUNA Mutual Group today announced Pentagon Federal Credit Union (PenFed) has begun making TruStage Accidental Death & Dismemberment (AD&D) and Life insurance available to the credit union’s 1.5 million members.

TruStage, CUNA Mutual Group's consumer brand, is partnering with PenFed to help members plan and protect for their future. Individuals now have the ability to research, purchase and service their life and AD&D policies through multiple channels of their choice.

Top Five Ideas Announced for CO-OP THINK Prize 16: The Financial Longevity Challenge

Participants from 133 Countries Contribute to Fintech Ideas Addressing Needs of Aging Consumers

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is announcing the five top ideas for its CO-OP THINK Prize 16: The Financial Longevity Challenge, with contributions from on-line design teams centered throughout the United States and as far away as Peru.

“One of the goals of our Challenge is to get consumers talking about credit unions,” said Samantha Paxson, Chief Marketing Officer, CO-OP. “And, the final participation numbers from around the world are amazing – the current Challenge attracted nearly 20,000 sessions from interested parties in 133 countries, with more than 500 active participants.”

CO-OP Financial Services Signs Partnership Agreement with FedComp

Companies Work Together on Core Processing, Electronic Payment Services, Shared Branching

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services and FedComp are partnering to offer CO-OP electronic payment services and CO-OP Shared Branching to core processing client credit unions of FedComp.

FedComp provides core processing software, outsourcing resources and internet solutions. CO-OP offers the CO-OP ATM network, Signature and PIN debit and in-house credit processing, terminal driving services, and CO-OP Shared Branching, all designed for secure and seamless member experiences with their credit union for account access and payments.

CU Direct Showcases New CUDL and AutoSMART Platform Features at NADA

ONTARIO, Calif. – CUDL, a CU Direct Solution, is the nation’s largest credit union auto lending platform, funding over $30 billion in credit union auto financing in 2016 alone. CUDL connects auto dealers with over 1,000 credit unions and millions of potential car buyers. CUDL showcased its new features at the NADA Convention & Expo in New Orleans this past weekend.

CMFG Ventures Invests in CUneXus

Fintech Start-up Provides 1-Click Mobile Marketing Technology to Grow Credit Union Lending

MADISON, Wis. – CMFG Ventures, LLC, the venture capital entity of CUNA Mutual Group, announced its investment in California-based CUneXus Solutions, a financial technology start-up providing credit unions with mobile marketing technology to quickly and easily offer pre-approval for personalized lending products. CMFG Ventures is the lead investor in CUneXus’ Series A funding round.

Alloya Corporate to Offer Two Scholarships to CUNA GAC

Alloya Corporate FCU announced the availability of the Christine M. Gross (CMG) Scholarship* for 2017. This scholarship affords an individual from a small credit union (Alloya member) to attend CUNA GAC, an Alloya event or state league/association event by covering registration fees, hotel accommodations, and travel expenses (not included for GAC). Alloya is accepting applications for the Christine M. Gross (CMG) Scholarship for the CUNA GAC (February 26-March 2, 2017). Please Note: The two scholarships for the GAC are specifically for young professionals, up to the age of 35. 

CU Direct’s Credit Union Partners Edge Ally Bank to Become the Nation’s Second Largest Auto Finance Source

Aggregate Lending Power of Company’s CUDL Lending Platform Helps Credit Unions Generate 1 Million Loans Year-to-Date

ONTARIO, Calif. – CU Direct, the nation’s leading lending technology and automotive solutions provider for credit unions, has helped its credit union partners collectively become the second largest auto financing source in the nation, surpassing Ally Bank. In aggregate, the more than 1,000 credit unions using CU Direct’s CUDL Lending Platform have been the nation’s third largest financing source the previous two years.

CUNA Mutual Group Debuts Simplified-Issue Term Life Insurance Product

Simple Two-Question Application Enables Complete Online Consumer Purchase Experience

MADISON, Wis. – CUNA Mutual Group’s new TruStage simplified-issue term life insurance product is quickly catching the attention of credit union members due to its entirely online consumer purchase experience. After answering just two health questions, a completely automated underwriting platform delivers a decision in minutes.

Designed using direct consumer feedback, retail best practices and particularly appealing to the needs of younger consumers, coverage face amounts range from $5,000 to $100,000 to provide protection for home mortgages, children’s education, income replacement and final expenses.

TruStage, CUNA Mutual Group's consumer brand, is one of the first to market with a term life insurance product that consumers can purchase entirely online. With this capability, members can purchase and service the entire suite of TruStage products, including: accidental death and dismemberment, whole life, term life, auto, home and health insurance, entirely online.