TUCSON, AZ - Vantage West Credit Union is pleased to announce the appointment of David Denos as VP, Commercial Sales Manager. In this role, Denos will lead efforts to ensure Vantage West continues to deliver a comprehensive suite of commercial products and services, while overseeing a high-performing lending and deposit team serving the Tucson and ...
Los Angeles, CA – University Credit Union (UCU) has selected Jeremy Calva to serve as its new Chief Financial Officer (CFO). An executive with 25 years of expertise in financial services, Calva specializes in strategic planning, financial management, and risk mitigation. Most recently, he served as SVP/Chief Risk Officer for Rivermark Credit...
Credit unions have long been pillars of financial stability, deeply embedded in the local economies they serve. Their ability to build trusted, long-term relationships has been a key differentiator in an increasingly competitive landscape. Yet, as the financial services industry evolves along with consumer needs and expectations, credit unions must...
~Credit union to enhance members’ digital experience with advanced features~PORTLAND, Ore. – April 2, 2025, Digital banking provider Tyfone today announced Partners 1st Federal Credit Union (Partners 1st, Fort Wayne, Ind.-based and 45,600 members) selected its nFinia® Digital Banking Platform for consumer and business account holders to elevat...
In recent years, especially here in 2025, tariffs have come front and center in with respect to discussions about trade policies, and their implications for economies in the United States and around the world. Tariffs, which are taxes imposed on imported goods, have been used by governments for the intention to protect domestic industries. They can...
The free, online program offers six self-paced, entrepreneurship-focused courses plus the opportunity to win a business grant through a pitch competitionBRIGHTON, Mich., March 26, 2025 — Lake Trust Credit Union (Lake Trust), a community-based credit union serving nearly 200,000 members and businesses throughout Michigan, has announced it is launc...
Tustin, Calif. (March 26, 2025) – As federal lawmakers consider tax reforms that could impact credit unions nationwide, SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, is taking a stand to protect its Members. With key tax provisions set to expire in 2025, ther...
By 2028, most financial institutions (FIs) will be able to receive instant payments, but far fewer will be able to send them. A recent U.S. Faster Payments Council survey shows that while 70-80% of institutions expect to receive instant payments, less than half will be prepared to issue them. This disconnect reduces the benefits of instan...
If your credit union is struggling to connect with today’s younger generation, then you’re not alone. Only 4 percent of Gen Z are credit union members, according to a 2024 survey presented at the 2024 World Credit Union Conference. The study also found only 5 percent of millennials belong to credit unions. Over the past two decades, the med...
The NCUA’s May 2021 updates to 12 CFR §703.103 have empowered credit unions to use costless collars as a tool for managing interest rate risk. These strategies are permissible under the NCUA’s updated derivatives regulation and comply with GAAP (ASC 815), incorporating updates from ASU 2017-12, which optimizes hedge accounting. Costless collar...
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