Valley Strong Credit Union and Financial Center Credit Union Announce Full Merger Approvals

A proposed merger between Valley Strong Credit Union and Financial Center Credit Union has received regulatory approval as well as consent by an overwhelming majority of Financial Center’s Members. With nearly 11% of participating Members casting ballots, 86% voted “yes,” paving the way for an Oct. 1, 2021, legal merger. The results were announced Thursday, September … Read more

Finical Holdings, LLC Completes Acquisition

Finical Holdings, LLC, a leading provider of electronic payments in North America, today announced it has completed its acquisition of Platinum Processing, LLC, DBA Zero Charge Processing.   Finical provides credit card processing services to thousands of businesses in North America. Finical markets its services through its relationships with Independent Sales partners, as well as strategic … Read more

OpenRoad Lending Announces Investment From Clarion Capital Partners

OpenRoad Lending and Clarion Capital Partners today announced that Clarion has completed a strategic investment in OpenRoad, the fast-growing direct-to-consumer auto finance company. Chris Goodman, OpenRoad’s CEO and co-founder, will retain a meaningful ownership stake and continue his role as CEO. The terms of the transaction were not disclosed. Founded in 2009 by the same … Read more

Alkami Banks on Location Services Through Partnership With Gimbal

Gimbal, the leading location intelligence platform, and Alkami Technology, Inc. (Alkami), a leading cloud-based digital banking solutions provider, have partnered to bring location services to its portfolio of banking clients and credit unions. The partnership will leverage Gimbal’s location software technology to enable more personalized communications and services for banks and their members by connecting the … Read more

Credit Union Consultant Helps Empower Women in Bestselling Book

Laurie Maddalena, CEO of Envision Excellence, a national leadership development organization based in Laytonsville, MD, has contributed a chapter to the newly released book, Women Who Shine.  Women Who Shine is a collection of stories designed to empower women to overcome challenges and create success personally and professionally. The book was released on Aug. 13, … Read more

GLCU Announces 2021 Scholarship Winners

The Great Lakes Credit Union Scholarship Committee recently selected and awarded $1,000 scholarships to six students. The scholarship program is available to any qualifying member, no matter their age or education level. The funds can be used to help pay tuition, accommodations, books, etc. at colleges of the winners’ choice. “We are committed to empowering … Read more

Great Lakes Credit Union Launches New Business Services

Great Lakes Credit Union (GLCU) is excited to announce the relaunch of their Business Services. GLCU is now offering a comprehensive suite of business products and services, including new and improved Business Checking and Business Savings accounts. By relaunching and revamping the accounts, GLCU will be able to better serve its members and the local … Read more

SafeAmerica Credit Union Wins 2 Telly Awards for KRON4 Salutes Essential Workers Segments

SafeAmerica Credit Union’s award-winning Marketing Team has disclosed its KRON4 Salutes Essential Workers segment has won a Silver award for best Campaign Branding in Regional TV along with a Bronze award for Best Campaign for a Not-for-profit in the 42nd Annual Telly Awards. The Telly Awards honors excellence in video and television across all screens … Read more

Infinity Federal Credit Union Celebrates 100th Anniversary

Last week, Infinity Federal Credit Union kicked off a year-long celebration of its hundredth year of operations. As Maine’s first credit union, Infinity began serving its members in 1921, initially as the Telephone Workers Credit Union of Maine, then as Telco of New England FCU. Infinity is now community-based, available to anyone who lives, works, … Read more