Member News

UMassFive College Credit Union Selects Rich Kump as President & CEO

July 20, 2018

The UMassFive College Credit Union has selected Rich Kump to be their next President/CEO. Kump takes on the position with the retirement of UMassFive’s longstanding President/CEO, Kathy Hutchinson. Kump has worked at UMassFive for the past 17 years, serving as Vice President of Member Service/COO, and brings to his new role 34 years of overall credit union experience working for three different institutions. Kump has held senior level positions at all three credit unions he has worked for, including 12 years with the nation’s first credit union, St. Mary’s Bank Credit Union in Manchester, NH.


Metro Credit Union Awards $16,000 in Scholarships to High School Students

July 20, 2018

Metro Credit Union recently awarded $16,000 in scholarships to college-bound high school seniors. Metro also awarded $3,000 in scholarships to Peabody and Chelsea High School students who participated in the High School Branch banking program throughout the school year.


Jeanne D’Arc Credit Union Awards $1,500 To Able to Serve – New England, Inc.

July 20, 2018

Able to Serve – New England, Inc. is Jeanne D’Arc Credit Union’s latest Give-A-Click winner, receiving a $1,500 donation from the Credit Union’s We Share A Common Thread Foundation.


Massachusetts and New Hampshire CU Direct Lenders Dominate the Market

July 20, 2018

CU Direct announces that as of January 2018, combined CU Direct client credit union lenders have advanced to the top position for auto loan market share in Massachusetts. Three other states in New England hold this distinction; Maine, New Hampshire and Vermont.


Haverhill, Mass. Suspended from Flood Program

July 20, 2018

The Federal Emergency Management Agency has published a rule suspending designated communities in four states from the National Flood Insurance Program, effective July 19, for noncompliance with floodplain management requirements of the program.


FTC and States Combat Fraudulent Charities That Falsely Claim to Help Veterans and Servicemembers

July 20, 2018

The Federal Trade Commission, along with law enforcement officials and charity regulators from 70 offices in every state, the District of Columbia, American Samoa, Guam and Puerto Rico, announced more than 100 actions and a consumer education initiative in “Operation Donate with Honor,” a crackdown on fraudulent charities that con consumers by falsely promising their donations will help veterans and servicemembers.


Member Experience is Key in CCUA’s Website Redesign

July 20, 2018

“Each day our website proves to be a valuable resource of information to our members, from legislative and regulatory reports and statistics, to recorded webinars and news in our popular Daily CU Scan,” said CCUA President/CEO Paul Gentile. “The redesign of our website simply affirms our continuous desire to improve, enhance and deepen the experience and value CCUA offers to our members.”


Marketing and Payments Industry Veteran Joins PSCU Leadership Team

July 19, 2018

PSCU, the nation’s premier payments credit union service organization, has announced that marketing and payments industry veteran Tom Pierce has joined the CUSO’s leadership team. In his role as SVP, Chief Marketing Officer, Pierce will be responsible for leading and executing PSCU’s marketing and communications strategy.


CU Connect Partner NRGTree Links Members with Solar Loan Options

July 19, 2018

NRGTree is the developer and author of an innovative program customized for both credit unions and solar installers. Credit union lenders can make loans that fuel green energy, member savings and home equity loan usage.


Northeast Credit Union Celebrates Historical Roots with Bocce Court Gift to Portsmouth Naval Shipyard

July 19, 2018

Northeast Credit Union (NECU) recently celebrated the unveiling of a custom bocce court donated to the Morale, Welfare and Recreation Department of The Portsmouth Naval Shipyard. This gift is the culmination of NECU’s 80th Anniversary appreciation campaign, which honored its past and celebrated the loyal members and communities that have supported the credit union through decades of growth and success.


CU Marketplace Experience PODCAST: Advocacy in Action

July 19, 2018

The Cooperative Credit Union Association has effective advocacy covered at both the State and National level. Jason Dias, host of the Credit Union Marketplace Experience Podcast, caught up with the advocacy team to find out how they got started with credit unions and how they are working hard tracking voting records and intentionally engaging lawmakers at every level for the benefit of the CCUA's members.


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

July 19, 2018

CUNA Mutual AdvantEdge Analytics announced today 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.


CO-OP Financial Services Introduces Cardless Cash Access for ATMs

July 19, 2018

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.


Jazz Up Your Auto Lending with SiriusXM®

July 19, 2018

More and more credit unions across the region are taking advantage of SiriusXM's CU Program, a FREE value-added benefit for credit union members made available by their credit unions.


Amy Martel, People’s Credit Union EVP/COO, Featured in PBN’s “Five Questions With:” Series

July 18, 2018

Amy Martel is the executive vice president and chief operating officer of People’s Credit Union, headquartered in Middletown, RI. She was recently interviewed by Providence Business Journal’s Mary Lhowe as part of the popular Five Questions With series.


Credit Unions Tapping MemberClose Surpassing $2.5 Billion in Loans Each Year

July 18, 2018

MemberClose, a software program empowering credit unions to save on the time it takes and the money it costs to process all types of equity loans, is being credited by nearly 200 credit unions for giving them the ability during that time period to process more than 60,000 loans, accounting for more than $5-billion.


Jeanne D’Arc Credit Union Unites Kids and Shelter Animals

July 18, 2018

Jeanne D’Arc Credit Union is excited to sponsor a collaboration between the Greater Lowell Family YMCA and Lowell Humane Society that offers a summer reading program for children, as well as animals. The program allows children at the YMCA to read aloud to dogs, cats, rabbits and other shelter animals that are awaiting adoption.


Liberty Bay Credit Union Promotes Cindi Carlson to Regional Vice President of North Shore

July 17, 2018

Liberty Bay Credit Union has promoted Cindi Carlson to Regional Vice President of North Shore. Working out of Liberty Bay’s offices at the Trade Center in Woburn, Carlson will be responsible for the growth of membership, loans, deposits and ancillary products and services on the North Shore.   


Credit Unions of Rhode Island Recognize Credit Union Charitable Efforts; PGE Federal Credit Union Repeat Raised Most per Member

July 17, 2018

PGE Federal Credit Union, Providence, RI, claimed the honors of “2017/2018 Top Fundraising Credit Union” determined by the most dollars raised on a per member basis at the Credit Unions of Rhode Island Charity Golf Tournament.


Credit Unions of Rhode Island Showcase $1 Million Donation as Special Olympics Rhode Island Celebrates 50th Anniversary

July 17, 2018

104 golfers displayed their talents yesterday at the Credit Unions of Rhode Island Charity Golf Tournament held at Crestwood Country Club in Rehoboth, Mass. in celebration of the Million Dollar donation in support of their charitable partner, Special Olympics Rhode Island (SORI), which coincides with SORI’s 50th anniversary this week.


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