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.

CUNA Mutual Group Risk Alert: Equifax Breach Could Result in ID Theft Losses for Credit Unions

Equifax, one of the three major consumer reporting agencies, recently announced a breach impacting an estimated 143 million U.S. consumers. Fraudsters could use the stolen data for years to come to open fraudulent accounts and obtain loans. Credit unions should alert staff to be cautious when opening accounts and processing loan applications. Click here for the full alert.

It’s Good to Share: This is the Reason Credit Unions Have the Nation’s Second Largest Branch Network

By their very nature, credit unions sit at the heart of today’s sharing economy – and they are growing and prospering accordingly.

Case in point: The CO-OP Shared Branch network recently reached another new milestone, surpassing mega-bank Chase to become the country’s second largest branch network among commercial financial institutions, according to the FDIC.

$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 Risk Alert: Video Scam Targets Consumers and Routing Numbers

Consumers are falling victim to a scam promoted via online videos claiming bills can be paid online using routing numbers belonging to a Federal Reserve Bank (FRB) or other financial institutions including credit unions.

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.

CUNA Lending Council, CUNA Mutual Group to Honor Credit Unions for ‘Excellence in Lending’

MADISON, Wis. – Applications are now being accepted for the annual Excellence in Lending Awards, which recognize outstanding credit union lending results and best practices. Credit unions demonstrating innovation in lending to meet member needs are encouraged to apply by the Sept. 25 deadline.

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.

CO-OP Study: Digital Transformation Recognized as Top Need by Credit Union Leaders

CO-OP Offering Research Studies, White Papers and Webinars to Help Meet Operational, Member Service Challenges of Digitalization

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services announced today a free download of its proprietary research study, Digital Transformation, designed to help credit union leaders understand current industry perceptions, challenges and plans for the digital age.

CUNA Mutual Group Hires New Leaders for Wealth Management Business

Company Aims to Broaden its Brokerage Services and Distribution Channels

MADISON, Wis. – CUNA Mutual Group announced today the hiring of Rob Comfort as president of CUNA Brokerage Services, Inc. (CBSI) and Martin Powell as vice president of strategic account development and management for the company’s wealth management business.

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.

CO-OP Shared Branch Network Passes Chase, Takes No. 2 Spot Among Consumer Financial Institutions

More Than 1,800 Different Credit Unions Unite to Form Seamless and Secure Cooperative for In-branch Personal Banking

RANCHO CUCAMONGA, Calif. – The CO-OP Shared Branch network has passed Chase in number of branch offices, making the credit union cooperative the second largest network of financial institution branches in the country.

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 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.

NJCUL Services Corporation Announces Account Control Systems as Newest Business Partner

HIGHTSTOWN, N.J. – NJCUL Services Corporation, a wholly-owned subsidiary of the New Jersey Credit Union League, has brought on Account Control Systems to its business partner platform.

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.

PWCampbell Becomes a Select Business Partner of the New Jersey Credit Union League

PITTSBURGH, PA – PWCampbell has announced that the New Jersey Credit Union League Services Corporation has approved the 107-year-old design/build firm as a select business partner for design/build, retail branding, digital marketing, and market demographics at their board of directors meeting held May 18, 2017.

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.

CO-OP On-Boards 11 New CO-OP ATM, Payments Processing Clients; Now Serves 23 of the 25 Largest Credit Unions in the U.S.

Continued Strong Growth in 2017 Follows April Acquisition of TMG

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is announcing it has secured 11 new credit union agreements for its CO-OP ATM and payments processing services, continuing a strong year of growth highlighted by the acquisition of TMG in April.

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.