Tag Archives: credit union

Velocity Expands Member Benefits with Comprehensive Insurance Solutions

New partnership offerings provide members access to personalized coverage for home, auto, business, life, and specialty insurance needs

AUSTIN, Texas, July 23, 2026 (SEND2PRESS NEWSWIRE) — Velocity Credit Union is making it easier for members to protect what matters most by offering access to a wide range of insurance solutions through trusted industry partners. From home and vehicle insurance to business protection and specialty coverage, members can now explore insurance options designed to fit their unique needs and budgets.

Image caption: Velocity Credit Union.

“Life is full of unexpected moments, and having the right protection in place can make all the difference,” said Debbie Mitchell, President & CEO. “By partnering with Inszone Insurance Services, we’re giving members convenient access to experienced professionals who can help them find coverage that fits their lives today and adapts as their needs change.”

PERSONALIZED INSURANCE SOLUTIONS THROUGH INSZONE INSURANCE SERVICES

Through Velocity’s partnership with Inszone Insurance Services, members gain access to licensed insurance professionals who simplify the process of finding coverage. An advisor can compare options from a nationwide network of insurance carriers to identify competitive rates and customized solutions tailored to each member’s needs. This translates into real value for members who will have access to multiple insurance carriers and licensed insurance professionals who can help them compare coverage options.

Coverage options include:

Homeowners, renters, condominium, and specialty property insurance
Auto, motorcycle, boat, RV, and rideshare vehicle insurance
Life insurance and pet insurance
Umbrella policies for additional liability protection
Business insurance, including commercial property, business auto, general liability, cyber liability, workers’ compensation, and employee benefits
With more than two decades of industry experience, Inszone provides personalized support and guidance – from obtaining a quote and selecting coverage to ongoing service and assistance well after the policy is in place.

ADDITIONAL PROTECTION THROUGH ALLIED SOLUTIONS

Velocity members also have access to specialty insurance products available through Allied Solutions and offered by Franklin Madison Group LLC, a licensed insurance agency. These affordable coverage options are designed to help members prepare for life’s unexpected challenges, such as Hospital Accident Protection and Recuperative Care coverage.

These group accident and sickness insurance plans feature straightforward enrollment processes and are designed to complement existing insurance coverage, helping members create a more comprehensive financial safety net.

DELIVERING VALUE WHERE LIFE HAPPENS

As part of its commitment to helping members achieve financial well-being, Velocity continues to expand services that support members through every stage of life. By providing access to trusted insurance professionals and a broad range of coverage options, Velocity is helping members safeguard their homes, vehicles, businesses, families, and financial futures.

Members interested in learning more about available insurance options can stop by any Velocity branch for additional information and referral assistance or visit https://www.velocitycu.com/.

ABOUT VELOCITY CREDIT UNION

Velocity Credit Union has served Central Texans for over 75 years with a mission to provide exceptional financial products, personal service, and support for the communities it serves. Membership is open to those who live or work in the five-county Austin area. Velocity Credit Union is federally insured by the National Credit Union Administration. Equal Housing Lender. Insurance products are not deposits or other obligations of, or guaranteed by, Velocity Credit Union or any of its affiliates. Insurance products are not insured by the NCUA or any other federal government agency and may be subject to risk. Visit https://www.velocitycu.com/ to learn more.

ABOUT INSZONE INSURANCE

Inszone Insurance Services is a full-service insurance brokerage providing personal, commercial, and employee benefits solutions across the United States. Founded in 2002, Inszone combines personalized service, industry expertise, and access to a broad network of leading insurance carriers to help individuals, families, and businesses protect what matters most. Visit https://www.inszoneinsurance.com to learn more.

ABOUT ALLIED SOLUTIONS

Allied Solutions is one of the nation’s largest providers of insurance, lending, marketing, and technology-enabled solutions to financial institutions in North America. Since 1978, Allied Solutions has partnered with more than 6,000 financial institutions to help them grow their bottom line, protect their business and consumers, and evolve through connected solutions, data-driven insights, and modern platforms designed to keep them competitive in rapidly changing markets. Allied Solutions is headquartered in Carmel, Indiana and maintains several offices strategically located across the country. Allied Solutions is a wholly owned and independently operated subsidiary of Securian Financial Group. Visit https://www.alliedsolutions.net to learn more.

ABOUT FRANKLIN MADISON

An industry leader with over 55 years of experience, Franklin Madison builds financial security for individuals and families by delivering industry-leading insurance products and marketing services through its brand partners. Franklin Madison helps generate increased loyalty and value for more than 3,500 financial institutions. Visit https://www.franklin-madison.com to learn more.

LOGO link for media: https://www.velocitycu.com/wp-content/uploads/2025/09/Full-Color-Stacked-scaled.jpg

NEWS SOURCE: Velocity Credit Union

This press release was issued on behalf of the news source (Velocity Credit Union), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/velocity-expands-member-benefits-with-comprehensive-insurance-solutions/

Velocity Credit Union Announces Relocation and Grand Opening of New Southwest Austin Branch

AUSTIN, Texas, June 11, 2026 (SEND2PRESS NEWSWIRE) — Velocity Credit Union is proud to celebrate the opening of its new Southwest Austin branch, a modern, expanded facility designed to better serve its growing membership across Central Texas. Located at 3419 Davis Lane, Austin, TX 78745, the full-service branch opened in late May and offers enhanced convenience, expanded services, and a welcoming space for members and the community.

Image caption: Photo caption: Velocity Credit Union’s new modern, expanded Southwest Austin branch is located at 3419 Davis Lane, Austin, TX 78745.

The new location replaces Velocity’s former Southwest Austin branch at 4220 S. Lamar Blvd., Suite 100, Austin, TX 78704, as part of the credit union’s continued investment in serving members where they live, work, and thrive.

To mark the opening, Velocity Credit Union hosted a grand opening celebration featuring special product offers, including loan and mortgage discounts, promotional certificate rates, exclusive sweepstakes giveaways, and opportunities for members and community partners to tour the new branch.

Designed with Members in Mind:

The new Southwest Austin location reflects Velocity’s continued commitment to delivering convenient, modern financial services in a welcoming and flexible environment.

Members will enjoy:

Two ITM drive-thru lanes offering 24/7 ATM access or live teller service during business hours
A spacious, comfortable branch layout designed for flexibility and a stress-free experience
Private offices for confidential conversations about loans, accounts, or financial planning
Expanded services to support everything from everyday transactions to complex financial needs

“This new location represents an important investment in our members and our community,” said Debbie Mitchell, President & CEO. “As Central Texas continues to grow, we are committed to growing with it—providing innovative solutions, expanded access, and personalized service every step of the way.”

The new branch will also offer expanded hours for greater convenience:

Lobby Hours
Monday–Friday: 9:00 a.m.–6:00 p.m.
Saturday: 9:00 a.m.–2:00 p.m.

Drive-Thru Hours
Monday–Friday: 7:30 a.m.–6:00 p.m.
Saturday: 9:00 a.m.–2:00 p.m.

Velocity Credit Union looks forward to welcoming members to this modern facility and continuing help them manage their financial lives with the trusted, personalized service they expect.

For more information, visit: https://www.velocitycu.com/.

About Velocity Credit Union

Velocity Credit Union has served Central Texans for more than 75 years with a mission to provide exceptional financial products, personal service, and support for the communities it serves. Membership is open to those who live or work in the five-county Austin area. Velocity Credit Union is federally insured by the National Credit Union Administration. Equal Housing Lender.

Photo 300dpi: https://www.velocitycu.com/wp-content/uploads/2026/06/Velocity-Southwest-Austin-Branch-4×6-1.jpg

Photo caption: Velocity Credit Union’s new modern, expanded Southwest Austin branch is located at 3419 Davis Lane, Austin, TX 78745.

NEWS SOURCE: Velocity Credit Union

To view the original story, visit: https://www.send2press.com/wire/velocity-credit-union-announces-relocation-and-grand-opening-of-new-southwest-austin-branch/

Kitsap Credit Union selects FirstClose’s home equity lending platform

AUSTIN, Texas, April 2, 2026 (SEND2PRESS NEWSWIRE) — FirstClose™, a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, announced today that Kitsap Credit Union has selected FirstClose to support its home equity lending operations with a bundled, end-to-end digital tool.

Image caption: FirstClose.

With the implementation of FirstClose’s bundled home equity platform, Kitsap Credit Union is continuing its focus on making banking easier, faster, and more reliable for its members. The platform will enable the credit union to streamline and manage critical valuation, verification and settlement-related services through a single workflow. By reducing manual touchpoints and consolidating third-party services, the platform is designed to help accelerate turn times, improve consistency and deliver a more efficient and seamless experience for both staff and members.

Kitsap Credit Union, a $2.5 billion-asset institution headquartered in Bremerton, Washington, will leverage a bundled suite of services that includes flood certification, automated valuation models, desktop and hybrid appraisal products, property condition reports and integrated title services. The platform provides greater visibility across the lending process while supporting faster application-to-order timelines.

“Kitsap Credit Union’s decision reflects a growing need among credit unions to move faster without compromising service,” said Tedd Smith, CEO of FirstClose. “Our platform brings multiple services together into a single, orchestrated workflow, helping lenders reduce complexity and deliver a more consistent, member-friendly home equity experience.”

The agreement supports Kitsap Credit Union’s operational goals around efficiency, scalability, and member experience, while providing a technology foundation that adapts as lending volumes and market conditions evolve. FirstClose’s home equity tools are part of the company’s broader platform designed to help lenders reduce costs, improve operational consistency and shorten closing timelines.

About FirstClose

Headquartered in Austin, Texas, FirstClose, Inc. provides fintech solutions to HELOC and mortgage lenders nationwide. The company’s mission is to increase profitability and reduce costs for mortgage lenders. FirstClose makes this possible through offering systems and relationships that enable lenders to assist their borrowers more effectively, reduce closing costs, and ultimately shorten closing times. For more information, visit firstclose.com.

About Kitsap Credit Union

Kitsap Credit Union is a member-owned financial cooperative with 14 branches and over 325 employees serving communities across Washington state. As a not-for-profit organization, we put people over profit, focusing on our members’ financial well-being and the prosperity of the communities where we live and work. We offer a full range of modern banking services, but our foundation is built on trust-based relationships and personalized service.

Our mission is simple: to empower members and strengthen communities through trusted, personalized financial support. By powering life’s opportunities, we help our members move forward with confidence. Guided by trust, service, and community, we work together to build stronger financial futures because empowering our members means uplifting the entire community, today and for generations to come.

NEWS SOURCE: FirstClose

This press release was issued on behalf of the news source (FirstClose), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/kitsap-credit-union-selects-firstcloses-home-equity-lending-platform/

Vertyx and Great Lakes Credit Union launch CUSO to support modernized mortgage servicing for credit unions

BANNOCKBURN, Ill., and NEW YORK, N.Y., Feb. 24, 2026 (SEND2PRESS NEWSWIRE) — Vertyx, a provider of intelligent mortgage servicing technology built for enhanced portfolio performance, today announced it has partnered with Great Lakes Credit Union (GLCU), through its CUSO holding company GLCU Holdings LLC, to launch Vertyx CUSO LLC, a newly formed credit union service organization (CUSO) dedicated to transforming mortgage servicing with a member-first philosophy and shared, credit union focused technology.

Image caption: Vertyx, Inc. logo.

The launch follows a year of significant growth for Vertyx within the credit union ecosystem. The formation of Vertyx CUSO LLC formalizes the company’s commitment to serving as a long-term technology partner for innovative mortgage servicing teams across the credit union industry.

“Mortgage servicing has traditionally been treated as a cost center and a source of friction for both members and operations teams,” said Vertyx Co-Founder Ayo Opeyemi. “Vertyx CUSO was created to change that dynamic by enabling credit unions to retain key member relationships while transforming servicing into a driver of loyalty, efficiency and portfolio growth.”

As a credit union service organization, Vertyx CUSO LLC enables credit unions to share technology and expertise while accessing modern servicing capabilities that would be difficult to build independently. The CUSO structure reinforces Vertyx’s commitment to collaboration, scalability and long-term value creation for the credit union industry.

Vertyx delivers a mortgage servicing platform designed to help financial institutions retain servicing, modernize operations and reduce dependence on legacy systems. The platform provides a single source of truth by centralizing portfolio data, embedding automated compliance into daily workflows and supporting faster, data-driven decision-making, while an API-first architecture allows credit unions to connect with existing vendors without costly proprietary integrations and reduce operational risk.

“Vertyx has been a phenomenal partner for Mortgage Forward, our wholly owned CUSO, in helping us elevate the mortgage servicing experience for our members,” said Michael Abraham, CEO of GLCU Holdings LLC and Chief Strategy Officer at Great Lakes Credit Union. “We are excited to deepen this partnership and continue to innovate on mortgage servicing solutions that provide real value to the credit union movement.”

Learn more about Vertyx CUSO LLC here: https://vertyx.io/company/cuso.

About GLCU

Founded in 1938 and headquartered in Northern Illinois, Great Lakes Credit Union is banking for a greater good. As a not-for-profit financial cooperative with more than $1.4 billion in assets, GLCU is proud to serve 115,000 members in Chicagoland and surrounding areas, and to give back to its members and communities through education, volunteerism, and partnerships. Learn more about GLCU’s accounts, educational initiatives, and community development programs at www.glcu.org.

About Vertyx

Vertyx delivers intelligent servicing with proven results. Designed to transform loan servicing from a cost center into a profit engine, the Vertyx platform streamlines servicing operations through intelligent workflow automation while converting portfolio data into actionable retention and cross-sell opportunities. With intelligence embedded directly into the servicing lifecycle, Vertyx reduces manual work and delays common in legacy environments, lowering cost-to-serve and operational risk. Vertyx also helps teams move faster with confidence by embedding compliance into everyday workflows—supporting stronger outcomes for homeowners, servicers, and investors across the mortgage lifecycle. Visit https://vertyx.io/ to learn more.

NEWS SOURCE: Vertyx

This press release was issued on behalf of the news source (Vertyx), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/vertyx-and-great-lakes-credit-union-launch-cuso-to-support-modernized-mortgage-servicing-for-credit-unions/

Lake Michigan Credit Union selects FirstClose Equity Order Management for automated home equity settlement workflows

AUSTIN, Texas, Nov. 20, 2025 (SEND2PRESS NEWSWIRE) — FirstClose™, a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, announced today that Lake Michigan Credit Union (LMCU) has implemented FirstClose’s Equity Order Management to automate settlement workflows for its home equity lending operations.

Image caption: FirstClose, Inc.

With the implementation of FirstClose Equity Order Management, LMCU will be able to generate and track settlement orders directly within its loan origination system, apply business rules for vendor selection and ensure that completed reports and documents flow seamlessly back into the loan record. By reducing manual touchpoints and eliminating redundant data entry, the integration will deliver faster turnaround times, fewer handoffs, improved lien reporting accuracy and greater efficiency for staff and members alike.

“Home equity is an important way we support our members’ financial needs, and implementing FirstClose Equity Order Management allows us to make that process faster, easier and more reliable,” said Eric Schlagheck, vice president of mortgage processing and home equity lending at Lake Michigan Credit Union. “By streamlining the behind-the-scenes work, we’re able to focus more on delivering the level of service our members expect and deserve.”

“LMCU’s implementation of FirstClose Equity Order Management shows how technology can enhance the member experience by making the home equity process faster and more consistent,” said Tedd Smith, CEO of FirstClose. “We’re proud to support LMCU’s commitment to service by delivering automation and integrated workflows that remove friction for both staff and members.”

Headquartered in Grand Rapids, Mich., LMCU is the largest credit union in the state and one of the largest in the nation, serving more than 600,000 members. The credit union continues to invest in technology that simplifies lending processes and improves member experiences across its financial services portfolio.

FirstClose Equity Order Management is part of the company’s broader platform designed to help lenders reduce costs, improve consistency and accelerate home equity closings.

About FirstClose

NEWS SOURCE: FirstClose

To view the original story, visit: https://www.send2press.com/wire/lake-michigan-credit-union-selects-firstclose-equity-order-management-for-automated-home-equity-settlement-workflows/

Velocity Credit Union Introduces ‘Buy Now, Pay Later’ to Give Members Greater Financial Flexibility

New in-house installment payment option offers affordable, flexible, and tech-forward financial solutions to meet evolving member needs

AUSTIN, Texas, Nov. 13, 2025 (SEND2PRESS NEWSWIRE) — Velocity Credit Union (Velocity) has announced the launch of a new Buy Now, Pay Later (BNPL) program designed to give members greater financial flexibility and control over their everyday spending. A financial institution with over $1 billion in assets and serving over 80,000 members, Velocity is introducing this program to further its commitment to offering comprehensive financial services to its members for every stage of their life.

Image caption: Velocity Credit Union.

Velocity’s BNPL program allows members to split eligible debit card purchases into predictable installment payments through its mobile and online banking platforms. Members may also choose to receive funds in their checking account prior to making a purchase, offering added flexibility when managing planned or unexpected expenses.

“Velocity Credit Union continues to put our members first with financial solutions that grow with them,” said Debbie Mitchell, President & CEO at Velocity Credit Union. “Our new Buy Now, Pay Later program adds another layer of flexibility and control, giving members a responsible, digital-first way to plan purchases, handle the unexpected, and stay financially confident while still receiving the personal support they expect from Velocity.”

The program is powered by equipifi, the leading BNPL platform built for financial institutions. Unlike many third-party BNPL providers, Velocity’s BNPL solution is fully integrated within its digital banking environment. Members can view and accept personalized offers securely and efficiently, without leaving the credit union’s trusted platform.

“BNPL is reshaping banking relationships and is a necessary feature for financial institutions to align with the evolving needs of consumers,” said Bryce Deeney, Co-Founder and CEO of equipifi. “Velocity Credit Union is setting a strong example of how credit unions can meet members’ needs with empathy by offering relevant, smart payment tools designed to improve their financial wellbeing.”

By keeping the solution in-house, Velocity ensures that members can access a safer BNPL product with terms reflective of their financial context and longstanding relationship with the credit union. This approach also enables the credit union to reinvest value generated by the program into enhanced member services, competitive rates, and greater impact in the communities it serves.

For more information, visit https://www.velocitycu.com/.

About Velocity Credit Union

About equipifi

equipifi is the leading Buy Now, Pay Later (BNPL) platform built for financial institutions in the United States. Its white-label solution integrates with core banking and digital platforms, aligning BNPL offerings with consumers’ financial goals and banking preferences. equipifi enables institutions to boost engagement, grow market share, and deliver transparent, manageable installment options directly through their own apps. Learn more at https://www.equipifi.com/.

LOGO link for media: https://www.velocitycu.com/wp-content/uploads/2025/09/Full-Color-Stacked-scaled.jpg

NEWS SOURCE: Velocity Credit Union

To view the original story, visit: https://www.send2press.com/wire/velocity-credit-union-introduces-buy-now-pay-later-to-give-members-greater-financial-flexibility/

Navy Federal Credit Union renews its contract with Dark Matter Technologies to serve its growing membership

Advanced AI and automation tools from Dark Matter Technologies will power the military-focused credit union's digital transformation strategy

JACKSONVILLE, Fla., Sept. 30, 2025 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology, today announced a renewed multi-year partnership with Navy Federal Credit Union. The agreement reinforces the credit union’s strategic focus on digital transformation and elevating the member lending experience.

Image caption: Dark Matter Technologies.

With more than 14 million members and 365 branches worldwide, Navy Federal has been a Dark Matter client since 2010. Today, the credit union processes nearly 8,000 mortgage and home equity loans monthly through the Empower® Loan Origination System by Dark Matter, ranking Navy Federal among the firm’s highest-volume clients across both the Empower and the Exchange platforms.

Under the renewed agreement, Navy Federal will deepen its use of Dark Matter’s Developer Portal, Orchestration Engine, and the AIVA® AI suite to accelerate automation and streamline exception-based processing. The credit union is also exploring additional front-end enhancements through Dark Matter’s portals, complementing its current use of Blend and Lender Price, with a continued focus on delivering personalized member experiences.

“Our goal is to move beyond standard transactions to an exception-based model that allows our team to address unique member needs quickly and efficiently,” said Shaun Recco, assistant vice president of real estate technology systems at Navy Federal. “By leveraging Dark Matter’s AI-powered tools and robust API integrations, we’re transforming our technology infrastructure to better serve our members and elevate operational agility.”

“We’re not just aiming to expand our technology — we’re focused on providing the best possible services and products to our current and new members,” said Jon Parsons, assistant vice president of home lending at Navy Federal. “We’re delivering a holistic member experience that includes seamless mortgage and home equity lending, which we know is important to our members and military communities.”

“Navy Federal has been at the forefront of digital lending innovation for over a decade,” said Sean Dugan, CEO of Dark Matter Technologies. “Our partnership goes beyond delivering technology. It’s about reimagining how member service can be more agile, responsive, and personalized. We’re proud to support their vision with intelligent, scalable platforms that meet evolving needs.”

About Navy Federal Credit Union:

Established in 1933 with only seven members, Navy Federal now has the honor of serving more than 14 million members globally and is the world’s largest credit union. As a member-owned and not-for-profit organization, Navy Federal always puts the financial needs of its members first. Membership is open to all Department of Defense and Coast Guard Active Duty, Veterans, civilian and contractor personnel, and their families. Navy Federal employs a workforce of over 25,000 and has a global network of more than 365 branches. For more information about Navy Federal Credit Union, visit navyfederal.org. Federally insured by NCUA. Equal opportunity employer.

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry’s leading providers, Dark Matter Technologies delivers powerful technology with unparalleled automation and relentless innovation to leading mortgage lenders, servicers and companies nationwide. For more information, visit www.dmatter.com.

Twitter: @dmattertech @NavyFederal #fintech #mortgage #creditunion

Logo link for media: https://dmatter.com/wp-content/uploads/dark-matter-tech-logo.svg

NEWS SOURCE: Dark Matter Technologies

This press release was issued on behalf of the news source (Dark Matter Technologies), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/navy-federal-credit-union-renews-its-contract-with-dark-matter-technologies-to-serve-its-growing-membership/

Velocity Credit Union Unveils Bold New Brand Identity and Launches Innovative Rewards Checking Account

AUSTIN, Texas, Sept. 23, 2025 (SEND2PRESS NEWSWIRE) — Velocity Credit Union, a trusted financial partner for over 75 years, today announced the launch of its refreshed brand, including a new logo, a modernized website, and updated branch locations. The updated look and feel reflects Velocity’s ongoing commitment to innovation, accessibility, and delivering an exceptional, member-first experience both in person and online.

Photo caption: Velocity Credit Union Branches, including this facility on New Hope Road in Cedar Park, have been updated with new exterior branding and new interior enhancements. Other updates include a new website and Rewards Checking benefits.

“At Velocity, our brand has always stood for trust, service, and community,” said Debbie Mitchell, President and CEO. “This rebrand reflects our commitment to evolve with our members’ needs while staying true to our core values. From a fresh visual identity to digital tools that make banking easier, every detail was designed with our members in mind.”

The rebrand includes:

New Logo: A modern look that reflects growth, connection, and innovation.
Modernized Website: Enhanced design, simplified navigation, and mobile-first features.
Updated Branch Experience: Refreshed spaces that blend technology with personalized service.

As part of this transformation, Velocity is also introducing its Rewards Checking account—an all-in-one solution designed to help members save, grow, protect, and manage money smarter.

Rewards Checking Benefits Designed For You:

Earn Rewards & Build Savings – Earn rewards every time you swipe, with automatic roundups that grow your savings.
Get Paid Early – Access your direct deposits up to two days sooner, at no cost.
Bank Your Way – Manage your money anytime with mobile and online banking, Zelle®, credit score monitoring, instant transfers, and more.
Stay Protected – Get built-in benefits like cellphone insurance, 24/7 telehealth, and ID theft protection.

“Rewards Checking takes the everyday checking account to the next level,” said Mitchell. “Members not only enjoy modern digital convenience, but also real lifestyle and security benefits that bring more value to their financial lives.”

Members can open Rewards Checking today at any branch or online at VelocityCU.com.

For more information, visit https://www.velocitycu.com/.

About Velocity Credit Union:

MULTIMEDIA:

Photo 300dpi: https://www.velocitycu.com/wp-content/uploads/2025/09/Cedar_Park_PR-scaled.jpg

NEWS SOURCE: Velocity Credit Union

To view the original story, visit: https://www.send2press.com/wire/velocity-credit-union-unveils-bold-new-brand-identity-and-launches-innovative-rewards-checking-account/

Genisys Credit Union partners with Floify to enhance the member mortgage experience

Top 75 credit union selects Floify's flexible platform to streamline workflows and expand digital lending capabilities

BOULDER, Colo., Sept. 23, 2025 (SEND2PRESS NEWSWIRE) — Floify, the mortgage industry’s leading point-of-sale (POS) solution, today announced that Genisys Credit Union has selected its platform to streamline mortgage lending workflows and deliver an improved member experience. The partnership reflects Genisys’ focus on flexible technology solutions and Floify’s commitment to supporting credit unions with scalable tools.

Image caption: Genisys Credit Union partners with Floify.

Genisys Credit Union, headquartered in Auburn Hills, Michigan, serves over 290,000 members through its 30 branches across Michigan and Minnesota. The credit union offers a full range of financial products and services, including real estate lending, personal banking and investment solutions.

Genisys is fully implementing Floify to modernize and replace outdated legacy systems. With Floify, loan officers can manage multiple workflows seamlessly, supporting traditional loan products and specialized offerings such as new construction and home equity lines of credit (HELOCs). The platform enhances efficiency, streamlines borrower experiences and positions Genisys to stay ahead of industry demands. Genisys looks forward to learning more about Floify’s forthcoming Dynamic AI feature, further boosting automation and the ability to customize workflows.

“Floify appears very easy to navigate for users with an embedded verification workflow, and it is cost-effective,” said Lance Smith, Vice President of Real Estate Lending at Genisys. I see Floify significantly enhancing our customer experience, data gathering at POS, and developing some excellent AI tools, all of which help the efficiency of our sales team.”

The collaboration underscores both organizations’ commitment to advancing digital lending for credit union members.

“Credit unions like Genisys are investing in technology to compete more effectively and better serve their members,” said Joshua Steffan, senior vice president and group general manager at Porch Group and interim president and general manager of Floify. “By delivering configurable workflows and responsive customer service, Floify is helping credit unions modernize mortgage lending and elevate the member experience.”

About Floify:

Floify is a digital mortgage automation solution that streamlines the loan process by providing a secure application, communication, and document portal between lenders, borrowers, referral partners, and other mortgage stakeholders. Loan originators use the platform to create product-specific applications (no coding required!), collect and verify borrower documentation, track loan progress, communicate with borrowers and real estate agents, and close loans faster. The company is based in Boulder, Colorado and is a subsidiary of Porch Group, Inc. (“Porch Group”) (NASDAQ: PRCH). For more information, visit the company’s website at https://floify.com/ or on social media at Facebook, LinkedIn, or Twitter / X.

Twitter: @Floify @GenisysCU #mortgage #fintech #housingfinance

NEWS SOURCE: Floify

This press release was issued on behalf of the news source (Floify), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/genisys-credit-union-partners-with-floify-to-enhance-the-member-mortgage-experience/

Velocity Credit Union Breaks Ground on New Southwest Austin Branch

AUSTIN, Texas, Aug. 7, 2025 (SEND2PRESS NEWSWIRE) — Velocity Credit Union is proud to announce the official groundbreaking of its newest branch, located at the southeast corner of Davis Lane and Brodie Lane in Southwest Austin. This expansion reflects the credit union’s continued commitment to serving its growing membership and delivering convenient, modern financial services to communities across Central Texas.

Photo caption: Velocity Credit Union President/CEO Debbie Mitchell (second from right) joins with members of our architectural and contracting firms in breaking ground on the credit union’s newest branch, located at the southeast corner of Brodie Lane and Davis Lane in Austin, TX. The facility is slated to open in first quarter 2026.

The new, full-service branch is designed with flexibility and member experience at the forefront. Members will enjoy the benefits of modern technology and personalized service at the site, which includes two Interactive Teller Machine (ITM) drive-thru lanes, teller pods, four private offices, and dedicated spaces for the Branch Manager and Assistant Branch Manager.

“Expanding into the fast-growing Southwest Austin community is an exciting milestone for us,” said Debbie Mitchell, Velocity Credit Union President & CEO. “We’re thrilled to bring our personalized service, local values, and financial empowerment to more members — right where they are.”

The branch was designed in collaboration with Studio Steinbomer Architects (www.steinbomer.com), Tsen Engineering, Wilson & Girgenti Engineering Services, Wuest Group Civil Engineering and Austin Canyon Corporation (www.austincanyon.com), General Contractors, ensuring thoughtful design and construction aligned with Velocity’s member-first values.

This new location marks an exciting time for the organization, coinciding with Velocity’s broader brand refresh—including a new logo and updates to all existing branch locations. The Southwest Austin branch is expected to open in the first quarter of 2026.

For more information, visit https://www.velocitycu.com/.

About Velocity Credit Union:

MULTIMEDIA:

Photo 300dpi: https://www.velocitycu.com/content/Velocity_Groundbreaking.jpg

NEWS SOURCE: Velocity Credit Union

To view the original story, visit: https://www.send2press.com/wire/velocity-credit-union-breaks-ground-on-new-southwest-austin-branch/

SESLOC Credit Union Partners with Dovenmuehle to Enhance Mortgage Servicing for Members

LAKE ZURICH, Ill., May 27, 2025 (SEND2PRESS NEWSWIRE) — Dovenmuehle Mortgage, Inc. (DMI), a leading mortgage subservicing company, today announced a partnership with SESLOC Credit Union, a not-for-profit financial cooperative serving central and coastal California communities. Under the agreement, DMI will subservice SESLOC’s mortgage loan portfolio, supporting the credit union’s expansion into government-sponsored enterprise (GSE) lending and servicing, allowing it to scale mortgage operations efficiently while preserving superior member service.

Image caption: Dovenmuehle Mortgage.

SESLOC has traditionally operated as a portfolio lender and servicer, retaining all its loans. As its GSE loan portfolio grew and regulatory demands tightened, the credit union sought a partner that could meet compliance requirements and elevate the member experience. After an extensive search, SESLOC chose DMI for its best-in-class technology, robust reporting capabilities, and member-focused service. SESLOC members now have convenient access to detailed mortgage information, streamlined online account management, and tools that enrich their experience.

“Partnering with a subservicer was the most efficient way for us to become a GSE seller/servicer while continuing to prioritize the member experience,” said Barbara Hugie, Vice President of Mortgage Operations at SESLOC Credit Union. “Dovenmuehle’s agility and deep expertise made the technical transition seamless and helped our members navigate a new servicing environment from day one.”

“By leveraging our integrated servicing platform, SESLOC can deliver a seamless digital experience to its members while meeting the rigorous oversight standards of the GSEs,” said Matt Budy, Senior Vice President at Dovenmuehle Mortgage. “Our team acts as an extension of the credit union, managing the operational heavy lifting so SESLOC can stay focused on building relationships and supporting its community.”

About SESLOC Credit Union

Founded in 1942, SESLOC is a not-for-profit financial institution providing personal and business banking, commercial lending and investment services in central and coastal California. With assets of $1.14 billion, their 180 employees serve 55,000 members at six full-service branch locations and via upgraded digital and remote banking platforms. Committed to improving the financial well-being of its members and community, SESLOC offers affordable and inclusive products, services and education programs to help build financial stability. They accept ITINs. For more information, please visit www.sesloc.org.

About Dovenmuehle

Founded in 1844, Dovenmuehle (Lake Zurich, Ill.) is a mortgage subservicer for commercial banks, credit unions, independent mortgage lenders, MSR investors and state housing finance agencies nationwide. The company subservices portfolio loans, as well as loans sold to Fannie Mae, Freddie Mac, Ginnie Mae and the Federal Home Loan Bank with servicing retained. Using a combination of best-in-class and proprietary technology, Dovenmuehle helps lenders reduce servicing costs and deliver consistently high levels of service to homeowners while maintaining compliance with investor and regulatory requirements. Learn more at https://dovenmuehle.com/.

NEWS SOURCE: Dovenmuehle

This press release was issued on behalf of the news source (Dovenmuehle), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/sesloc-credit-union-partners-with-dovenmuehle-to-enhance-mortgage-servicing-for-members/

Truity Credit Union inks deal to implement the Empower LOS from Dark Matter Technologies

JACKSONVILLE, Fla. /ScoopCloud/ -- Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today welcomed Truity Credit Union (Truity) as the latest financial institution to select the Empower® loan origination system. A member-owned credit union with locations in Oklahoma, Kansas and Texas, Truity will leverage the Empower LOS to provide loan officers and members a modern, mobile-friendly experience across home purchase, refi, home-equity and construction loan originations.

According to Joe Beffer, Truity's senior vice president and director of lending, the credit union chose Dark Matter for its mobile-friendly Borrower Portal℠ and for features that will help its internal team work more efficiently, including out-of-the-box product and pricing integrations, exception-based automation and AI virtual assistants. Truity will also leverage the joint-venture feature of the Empower LOS to support the mortgage needs of several smaller credit unions in the region, allowing them to enjoy the benefits of a modern origination system while still offering individualized branding, products and pricing.

"With Dark Matter, Truity will be able to provide our community a superior mortgage experience from start to finish, including the ability to apply for a loan, upload documents and message their loan officer from their mobile phone," said Beffer. "We're excited about improving our internal team's efficiency. The Empower LOS and its automations will allow Truity to operate like a much larger institution and will scale with us as we plan for future growth."

"At Dark Matter Technologies, we're focused on providing innovative solutions that meet the origination needs of financial institutions and the communities they serve now and in the future," said Dark Matter CEO Rich Gagliano. "Our new relationship with Truity Credit Union exemplifies this commitment. We're proud to bring an exceptional mortgage experience to Truity members and loan officers."

Federally chartered to lend in 49 states, Truity offers a range of purchase, refi and home-equity products as well as construction loans and relocation assistance for employees of ConocoPhillips, Phillips 66, Chevron Phillips Chemical Company and Tyson. Truity was recently designated the official credit union of the University of Kansas Alumni Association, an organization that shares its historical ties to Phillips 66.

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry's leading providers, Dark Matter Technologies delivers cutting-edge technology, unparalleled automation and relentless innovation to leading mortgage lenders and companies nationwide. For more information, visit https://dmatter.com/.

Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today welcomed Truity Credit Union (Truity) as the latest financial institution to select the Empower® loan origination system. A member-owned credit union with locations in Oklahoma, Kansas and Texas, Truity will leverage the Empower LOS to provide loan officers and members a modern, mobile-friendly experience.

Related link: https://www.dmatter.com

Monterra Credit Union elevates the member experience with the Empower LOS from Dark Matter Technologies

JACKSONVILLE, Fla. /ScoopCloud/ -- Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced that Monterra Credit Union (Monterra CU), a full-service financial institution serving members throughout San Mateo County, California, the City of Palo Alto and the San Francisco Bay Area, has selected the Empower® loan origination system (LOS) for mortgage loan, home-equity loan and home-equity line of credit (HELOC) originations.

One of California's top 50 credit union lenders by mortgage loan volume, Monterra CU attributed its selection of the Empower LOS to the origination system's self-service configurability, its robust integrations with best-in-class product and pricing engines (PPE) and customer relationship management (CRM) platforms, and its support for the digital closings Monterra CU members increasingly prefer. In addition, the credit union expects to be able to close loans more quickly and process more loans per full-time employee with the help of the "lights-out" task automation that is native to the Empower LOS.

"Through the integration of the Empower LOS, Monterra Credit Union is enhancing the mortgage experience for our members, increasing efficiency and priming ourselves for future growth," stated Wade Painter, president and CEO of Monterra Credit Union. "Our team eagerly anticipates the array of new features and process improvements this partnership brings, underscoring the strong rapport we've cultivated with the Dark Matter team. We're confident that Dark Matter is the right partner for us."

"It was clear from the outset that the mortgage team at Monterra Credit Union is serious about two things: elevating its members' mortgage experience and future-proofing its business," said Dark Matter CEO Rich Gagliano. "With the Empower LOS, Monterra CU gains access to comprehensive automation and customization capabilities that align perfectly with this commitment to member-centricity and sustainable growth. We are honored to have earned Monterra's business and look forward to a long and fruitful collaboration."

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry's leading providers, Dark Matter Technologies delivers cutting-edge technology, unparalleled automation and relentless innovation to leading mortgage lenders and companies nationwide. For more information, visit https://www.dmatter.com.

Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced that Monterra Credit Union (Monterra CU), a full-service financial institution serving members throughout San Mateo County, California, the City of Palo Alto and the San Francisco Bay Area, has selected the Empower® loan origination system (LOS) for mortgage loan, home-equity loan and home-equity line of credit (HELOC) originations.

Related link: https://www.dmatter.com

Patelco Credit Union selects the Empower LOS to streamline and bolster home loan and home-equity origination

JACKSONVILLE, Fla. /ScoopCloud/ -- Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced the implementation of the Empower® loan origination system (LOS) by Patelco Credit Union (Patelco), a Bay Area-based credit union dedicated to the financial wellness of its team, members and communities.

Patelco is California's fourth-largest credit union mortgage lender by number of loans closed annually. The credit union's 214 loan officers will use the Empower LOS to originate retail home loans, home-equity loans and home-equity lines of credit (HELOCs). According to VP of Lending Vince Salinas, Patelco selected the Empower LOS and its point-of-sale (POS) portals for loan officers and borrowers for the bundled solution's ability to make the loan process up to 20% more efficient for the credit union's members and mortgage team.

"We are constantly evolving to provide the best tools to our team while creating a more streamlined member experience," said Salinas. "We selected the Empower LOS because we see Dark Matter as a partner that will grow with Patelco and allow us to work and serve our members more efficiently as we advance our digital roadmap, ultimately creating a better home buying experience while keeping our mortgage costs low and passing that value on to members."

"Patelco Credit Union has invested significant resources in understanding what its members truly expect from their home buying journey," said Dark Matter CEO Rich Gagliano. "We are proud to help Patelco meet its members' high expectations with a modern mortgage experience enriched by task-based automation and robust integrations that cut unnecessary time and cost out of the process."

The credit union was founded 87 years ago by a few employees at Pacific Telephone and Telegraph Company (now AT&T) with a dream to create a credit union dedicated to helping its members and communities prosper. Today, Patelco serves more than 500,000 members primarily in and around northern California, including employees of over 1,100 large and small businesses throughout the United States.

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry's leading providers, Dark Matter Technologies delivers cutting-edge technology, unparalleled automation and relentless innovation to leading mortgage lenders and companies nationwide. For more information, visit https://www.dmatter.com.

Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced the implementation of the Empower® loan origination system (LOS) by Patelco Credit Union (Patelco), a Bay Area-based credit union dedicated to the financial wellness of its team, members and communities.

Related link: https://www.dmatter.com

iEmergent brings actionable mortgage market intelligence to credit unions as ACUMA affiliate member

DES MOINES, Iowa /ScoopCloud/ -- iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, announced it has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member. Since its founding nearly a quarter century ago, iEmergent has worked with credit unions and other lenders to identify missed mortgage opportunities and close gaps in market coverage. As an ACUMA affiliate, iEmergent will leverage its deep experience and award-winning technology to help the trade association's nearly 400 credit union members build and execute data-driven mortgage growth, recruitment and referral partner strategies.

Mortgage MarketSmart, iEmergent's cutting-edge market intelligence and forecasting platform, reveals mortgage opportunity down to the neighborhood level by projecting loan production metrics on maps that can be overlaid with robust external data sets like historical lending metrics, demographic and income data, real estate agent and listing intelligence, community points of interest, census tract-level opportunity forecasts and more. Mortgage MarketSmart gives credit unions everything they need to quantify and act on market growth opportunities, including diverse lending and recruiting strategies that support financial institutions' fair lending and Community Reinvestment Act (CRA) obligations.

"We bring mortgage opportunities to life for credit unions, showing them exactly where their members are and where their gaps in coverage lie, and then we work hand in hand to build effective strategies for closing those gaps," said iEmergent CEO Laird Nossuli. "We look forward to helping ACUMA members-all credit unions that have made a conscious investment in mortgage lending-capture more markets and, in so doing, better serve the home financing needs of members."

ACUMA is a non-profit organization dedicated to empowering credit unions and credit union service organizations (CUSOs) to provide premier real estate and home loan services for their members. Its membership encompasses a diverse group including federal and state-chartered credit unions, CUSOs, mortgage insurance firms, secondary market investors, investment banking entities and technology providers specializing in mortgage lending solutions.

"It's our goal to provide credit unions with access to the best education and resources within the housing finance industry. This is supported by iEmergent's ability to identify and close market gaps in mortgage lending," stated ACUMA President Peter J. Benjamin. "We're excited to welcome iEmergent and present this valuable resource to our members."

About iEmergent

Founded in 2000, iEmergent provides mortgage lending forecasts and analytics to the lending, housing and real estate industries. The company offers an extensive variety of forecast and market intelligence products, including Mortgage MarketSmart, a visualization tool that helps lenders quantify how mortgage markets will change. For more information, visit https://www.iemergent.com/.

TAGS: @iemergent @ACUMA #creditunions #housingfinance #housingequity #housingeconomy #mortgage

RELATED LINKS:

https://acuma.org/

https://www.iemergent.com/mortgage-marketsmart

iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, announced it has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member. Since its founding nearly a quarter century ago, iEmergent has worked with credit unions and other lenders to identify missed mortgage opportunities and close gaps in market coverage.

Related link: https://www.iemergent.com

Publix Employees Federal Credit Union inks contract with Dark Matter Technologies to modernize mortgage operations

JACKSONVILLE, Fla. /ScoopCloud/ -- Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced a contract with Lakeland, Florida-based Publix Employees Federal Credit Union (PEFCU). The signing is the first under Dark Matter's new corporate structure and reflects the growing footprint of the company's popular Empower(R) Loan Origination Platform in the credit union sector.

Empower combines intelligent process automation with all-in-one functionality to expeditiously process loans with minimal lender intervention. Using a method referred to as "exception-based processing," Empower works behind the scenes to make originating mortgage loans easier, faster and more efficient for lenders and the borrowers they serve.

"Dark Matter aims to become the invisible backbone behind its clients' mission-critical operations by providing credit unions with scalable, next-generation mortgage automation that enhances their members' experience," said Bob Brandt, managing director of sales at Dark Matter.

Headquartered in Lakeland, Florida, Publix Employees Federal Credit Union (PEFCU) is a member-owned co-operative that was founded in 1957 to meet the needs of Publix Super Markets associates and their family members.

"We're here to offer our members exceptional, convenient and innovative financial options throughout all phases of their life," said Jeremiah Kossen, PEFCU's President and CEO. "Our contract with Dark Matter will help us remain committed to giving them an efficient and seamless home buying experience."

Dark Matter is a member of the American Credit Union Mortgage Association (ACUMA), an organization dedicated to helping credit unions optimize their real estate financing services. Brandt and the entire Dark Matter team have been working closely with credit unions across the country to demonstrate how Empower and other Dark Matter technologies can improve workflows and bolster the bottom line.

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry's leading providers, Dark Matter Technologies delivers cutting-edge technology, unparalleled automation and relentless innovation to leading mortgage lenders and companies nationwide. For more information, visit https://www.dmatter.com/.

About Publix Employees Federal Credit Union:

PEFCU has over $1 billion in assets and maintains a five-star rating by Bauer Financial with an "A+" in financial health. PEFCU operates six full-service branch offices located in Florida: Lakeland, Pembroke Pines, Royal Palm Beach, Altamonte Springs, Sarasota, and Jacksonville, and one full-service branch located in Lawrenceville, Georgia. For more information, visit https://www.pefcu.com/.

Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced a contract with Lakeland, Florida-based Publix Employees Federal Credit Union (PEFCU). The signing is the first under Dark Matter's new corporate structure and reflects the growing footprint of the company's popular Empower(r) Loan Origination Platform in the credit union sector.

Related link: https://www.dmatter.com

CUSO Home Lending rolls out Dark Matter’s Empower LOS to support mortgage and home equity products

JACKSONVILLE, Fla. /ScoopCloud/ -- CUSO Home Lending has made Empower LOS, a cloud-based loan origination system from Dark Matter Technologies (Dark Matter), available to its credit union owners. CUSO Home Lending is the first credit union service organization to leverage Empower's newly developed joint-venture feature, which allows credit unions to offer individualized branding, products and pricing while taking advantage of the efficiency and cost savings of their CUSO's shared services model. Four of its owner credit unions will use Empower to originate mortgage loans.

"The shared services model is alive and well in the credit union space because it's a smart strategy for maximizing efficiency, cost savings and scalability - the very same benefits Dark Matter's Empower delivers for lenders of all kinds," said Dark Matter CEO Rich Gagliano. "We are proud to introduce expanded support for joint ventures that frees credit unions to offer customized member experiences while reaping all the benefits of the CUSO model. CUSO Home Lending is driving innovation as the first CUSO to implement this new feature set."

Headquartered in Hampden, Maine, CUSO Home Lending is a credit union service organization and licensed mortgage company owned by credit unions and the Maine Credit Union League. For 30 years, CUSO Home Lending has supported its owner credit unions and the communities they serve with cost-effective access to mortgage fulfillment services, loan servicing and origination technology.

"Technology has become a central focus of our business strategy because of the value it drives for our credit union owners and partners, and the superior mortgage experience it enables us to deliver to consumers," said CUSO Home Lending President and CEO Lori Michaud. "We evaluated a lot of potential origination technologies, and Dark Matter's Empower LOS stood out for its highly advanced automation, the knowledge of its staff and its ability to individualize our credit unions' sites with their own branding, products and pricing."

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry's leading providers, Dark Matter Technologies delivers cutting-edge technology, unparalleled automation and relentless innovation to leading mortgage lenders and companies nationwide. For more information, visit https://dmatter.com/

About CUSO Home Lending:

CUSO Home Lending is a licensed mortgage company owned by Maine credit unions. We have been originating and servicing mortgages since 1993. Our mission is to provide consumer-credit union members as well as non-members-with a full menu of competitively priced residential mortgage products and services with extraordinary courtesy and exceptional service. CUSO strives to provide a variety of loan programs for both low-income and first-time homebuyers, as well as for moderate- to higher income borrowers. For more information, visit https://www.cusohl.com/

CUSO Home Lending has made Empower LOS, a cloud-based loan origination system from Dark Matter Technologies (Dark Matter), available to its credit union owners. CUSO Home Lending is the first credit union service organization to leverage Empower's newly developed joint-venture feature, which allows credit unions to offer individualized branding, products and pricing while taking advantage of the efficiency and cost savings of their CUSO's shared services model.

Related link: https://www.dmatter.com

Affinity Plus Federal Credit Union Selects LenderLogix’s QuickQual to Improve Transparency and Responsiveness During Mortgage Borrowers’ Home Search

BUFFALO, N.Y. /ScoopCloud/ -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, today announced that Minnesota-based Affinity Plus Federal Credit Union (Affinity Plus) has selected its pre-approval letter generation tool QuickQual to provide borrowers with a white-labeled, digitally-driven entry point into their homebuying experience.

"Each member engaging in the mortgage process is different, and we thought our technology should reflect that experience," said Tara Rutz, Mortgage Servicing and Origination Manager, Affinity Plus Federal Credit Union. "QuickQual enables us to deliver a highly engaging experience for our members, including generating pre-approval letters quickly and efficiently. Additionally, the interactive tool will allow members to preview real-time costs (down payment, monthly payments, cash to close, etc...) of purchasing their next home and adjust accordingly to the properties they are viewing within the parameters set forth in the pre-approval."

With QuickQual, loan officers set parameters within the system based on the borrower's maximum pre-approved loan amount. From there, borrowers and their real estate agents can generate pre-approval letters on demand and run payment scenarios based on those parameters, thus providing borrowers with a deeper understanding of their capacity to purchase on a house-by-house basis.

"Affinity Plus is a perfect example of the difference thoughtful tech investment can make in helping credit unions compete effectively in today's market," said LenderLogix Co-Founder and CEO Patrick O'Brien. "This is exactly what we intended when designing our suite of products - to improve lenders' operations by addressing the gaps in their existing tech stack and provide a stellar user experience for their customers."

About LenderLogix:

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software and APIs to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money.

For more information, visit https://www.lenderlogix.com/.

RELATED LINKS:

https://lenderlogix.com/quickqual-demo

LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, today announced that Minnesota-based Affinity Plus Federal Credit Union (Affinity Plus) has selected its pre-approval letter generation tool QuickQual to provide borrowers with a white-labeled, digitally-driven entry point into their homebuying experience.

Related link: https://www.lenderlogix.com/

FormFree joins ACUMA as an affiliate member

ATHENS, Ga. /ScoopCloud/ -- FormFree® today announced it has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member. Through its membership, FormFree aims to help credit unions provide more inclusive pathways to homeownership by introducing them to residual income analytics, a methodology for gaining enhanced insight into borrowers' ability to repay loans.

FormFree develops cutting-edge technology that helps lenders better understand credit risk, particularly for historically underserved borrowers that have no credit history, thin credit files and lower credit scores. Passport® enables borrowers to share their Financial DNA with lenders, which is comprised of consumers' direct-source financial data. FormFree's patent-pending Residual Knowledge Income Index™ (RIKI™) enables lenders to assess consumer creditworthiness with an innovative combination of cashflow and residual income analysis - methodologies that support more inclusive credit decisions.

"Credit unions play an important role in helping the communities they serve to build wealth and buy homes," said FormFree CEO Brent Chandler. "It is my hope that joining ACUMA will allow us to enable credit unions to extend financing to more creditworthy members by gaining a deeper understanding of their true ability to pay."

ACUMA is an organization dedicated to helping credit unions optimize their real estate financing services. ACUMA member organizations include federal- and state-chartered credit unions and Credit Union Service Organizations (CUSOs), mortgage insurance companies, secondary market investors and investment banking firms and mortgage technology firms.

"Our organization serves as a vital resource in creating opportunities for credit union professionals and their primary suppliers to network, share knowledge, build relationships and grow market share," said ACUMA President Peter J. Benjamin, CMB. "We are delighted to introduce an extra asset to our members and extend a warm welcome to FormFree."

About FormFree®:

FormFree helps lenders understand credit risk like never before with its patented Passport® product, which opens doors to more inclusive credit decisioning by revealing each customer's true ability to pay (ATP®), and patent-pending Residual Knowledge Income Index™ (RIKI™), an innovative method for evaluating consumer creditworthiness based on residual income analysis. For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

About ACUMA:

The American Credit Union Mortgage Association is a not-for-profit trade association dedicated to credit unions and mortgage lending. ACUMA provides resources and education to credit unions aimed at streamlining performance, processes, and procedures for real estate lending services. ACUMA's goal is to encourage credit unions to help more consumers get fairly priced and safe mortgage loans delivered locally, and in so doing, provide them with a pathway to the American dream of home ownership. ACUMA brings together the shared real estate lending and financing interests of hundreds of credit unions and CUSOs. ACUMA member organizations include federal and state charted credit unions and CUSO, mortgage insurance companies, secondary market investors, investment banking firms, and technology companies. Visit ACUMA's website at https://acuma.org/ for more information.

FormFree today announced it has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member. Through its membership, FormFree aims to help credit unions provide more inclusive pathways to homeownership by introducing them to residual income analytics, a methodology for gaining enhanced insight into borrowers' ability to repay loans.

Related link: https://www.formfree.com/

Financial Center First Credit Union Selects ACES Quality Management & Control to Improve Consumer Loan Quality

DENVER, Colo. /ScoopCloud/ -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced that Financial Center First Credit Union (FCFCU) has selected ACES' flagship audit platform ACES Quality Management & Control® Software to support quality control (QC) audits for FCFCU's consumer lending channels.

"As a credit union, delivering value back to members is of the utmost importance, and part of that equation is ensuring loan quality is of the highest standards," said ACES CEO Trevor Gauthier. "ACES enables FCFCU to easily assess and improve the quality of its consumer lending production, thus upholding its commitment to excellence in member service."

ACES supports FCFCU's quality assurance, quality control and internal audit processes across all its consumer lending channels. ACES flexible technology allows FCFCU to track loan quality and effectively and quickly identify, communicate and remediate exceptions with ease.

"ACES has significantly improved the ability of our internal quality assurance program to identify, communicate and remediate exceptions quickly for both new member accounts and our consumer lending division," said Jennifer Rue, chief risk officer at FCFCU.

About FCFU

For 69 years, Financial Center First Credit Union has been serving its members and the community of Central Indiana. FCFCU is a member-owned, not-for-profit, co-operative whose members receive financial benefits in the form of lower loan rates, higher savings rates, and lower fees than banks. For more information, visit https://www.fcfcu.com/.

About ACES Quality Management

ACES Quality Management is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control® Software to improve audit throughput and quality while controlling costs, including:

* 60% of the top 50 independent mortgage lenders;

* 8 of the top 10 loan servicers;

* 11 of the top 30 retail banks; and

* 1 of the top 3 credit unions in the United States.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology®, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit https://www.acesquality.com or call 1-800-858-1598.

ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced that Financial Center First Credit Union (FCFCU) has selected ACES' flagship audit platform ACES Quality Management & Control® Software to support quality control (QC) audits for FCFCU's consumer lending channels.

Related link: https://www.acesquality.com/

Mortgage Markets CUSO implements Mortgage Coach to increase mortgage lending engagement at credit unions

IRVINE, Calif. /ScoopCloud/ -- Mortgage Coach, a borrower conversion platform empowering mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, announced today that Mortgage Markets CUSO, LLC has implemented Mortgage Coach to grow mortgage lending engagement at the credit unions it serves.

A subsidiary of Connecticut-based Finex Credit Union, Mortgage Markets CUSO is a credit union service organization that was founded in 2003 to fulfill credit unions' need for modern, friendly mortgage lending outsourcing. To date, Mortgage Markets CUSO's mortgage lending services are relied on by 15-plus U.S. credit unions including Connecticut State Employees Credit Union and Nutmeg State Financial Credit Union.

Mortgage Markets CUSO will use Mortgage Coach to enhance rule-based marketing campaigns with loan presentations to inspire conversion. Via integration with Mortgage Market CUSO's point of sale (POS) system, Mortgage Coach will automatically generate a Cost of Waiting loan presentation once a lead begins an online mortgage loan application. The Cost of Waiting loan presentation models how rising interest rates and home prices will increase the cost of purchasing a home six months in the future.

"Credit unions typically excel at offering warm service and competitive rates but are often challenged to keep pace with the digital service provided by large lenders," Mortgage Coach President Joe Puthur said. "Our Cost of Waiting presentations help credit unions compete by showing members they are eager to help them with their mortgage, they care about their home financing outcome and they are ready to support the financing process with modern lending technology."

"Mortgage Market CUSO strives to support credit unions with exceptional mortgage service backed by a best-in-class digital experience, and Mortgage Coach helps us deliver this in spades," Mortgage Markets CUSO President Michael Ferraro said. "We look forward to helping our customers grow their mortgage lending divisions with personalized, high-touch technology."

About Mortgage Coach:

Mortgage Coach is an award-winning borrower conversion platform that gives consumers the confidence to transact with educational presentations that model loan performance over time. The company's side-by-side loan comparisons allow borrowers to make faster, more informed mortgage decisions while enabling lenders to consistently deliver an on-brand, consultative home financing experience that increases borrower conversion, repeat business and referrals. To date, more than 140 enterprise independent mortgage banks, depository banks and credit unions rely on Mortgage Coach to deliver personalized, modern service that grows revenue and customer loyalty. To learn more about Mortgage Coach, visit https://www.mortgagecoach.com or follow @MortgageCoach.

About Mortgage Markets CUSO, LLC:

Mortgage Markets CUSO (credit union service organization) is a wholly owned subsidiary of Finex Credit Union operating for the benefit of credit unions and credit union members throughout Connecticut offering FHA, CHFA, VA, USDA and conventional mortgage products. By joining with other credit unions in a cooperative effort, Mortgage Markets CUSO has developed leading edge technology, mortgage expertise, local underwriting and excellent personal service. For more Mortgage Markets CUSO information, please log visit https://mortgagemarketscuso.com/.

Mortgage Coach, a borrower conversion platform empowering mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, announced today that Mortgage Markets CUSO, LLC has implemented Mortgage Coach to grow mortgage lending engagement at the credit unions it serves.

Related link: https://mortgagecoach.com/

Logix Federal Credit Union launches Mortgage Coach to enhance mortgage advisory service for members

IRVINE, Calif. /ScoopCloud/ -- Mortgage Coach, a borrower conversion platform empowering mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, announced today that Logix Federal Credit Union (Logix) has rolled out Mortgage Coach to enhance the mortgage advisory service it provides to members. Nearly 200 registered mortgage loan officers will use the Mortgage Coach platform to help members understand how various home financing strategies can best fulfill their homeownership goals and build wealth.

Headquartered in Los Angeles County, Logix is reputed as one of the nation's largest and most reliable credit unions. Logix has more than $9 billion in assets and operates branches in service of more than 225,000 members. In keeping with its commitment to investing in financial health and education, Logix offers a comprehensive Financial Wellness program that supports members' with money management and financial planning services to encourage better, smarter financial decisions.

By partnering with Mortgage Coach, Logix has empowered its mortgage lending arm with interactive Total Cost Analysis (TCA) presentations, which educate consumers by modeling home loan performance over time. The partnership will enable Logix loan officers to solidify themselves as trusted mortgage advisors by providing members user-friendly comparisons of lending scenarios to help them make more informed decisions. TCA presentations are personalized, digital and can be shared with borrowers via text, email or Mortgage Coach's mobile app.

"Logix is the financial institution of choice for hundreds of thousands of members because it prioritizes service, education and financial success above all else," Mortgage Coach President Joe Puthur said. "Our TCA presentations will help achieve Logix's commitment to mortgage engagement, experience and education by streamlining each loan officer's ability to provide personalized financial education to every credit union member, increasing homeownership and equity access to everyone they serve."

This service was selected by the Logix management team with intentions to provide greater value to members.

"Mortgage Coach has presented our mortgage lending division at Logix with an incredible opportunity to offer enhanced advisory services to thousands of members," Logix President and CEO Ana Fonseca said. "Mortgage Coach's TCAs will make it easier for our staff to deliver more value to members by helping them consider how their mortgage fits holistically into a broader financial picture."

About Mortgage Coach:

Mortgage Coach is an award-winning borrower conversion platform that gives consumers the confidence to transact with educational presentations that model loan performance over time. The company's side-by-side loan comparisons allow borrowers to make faster, more informed mortgage decisions while enabling lenders to consistently deliver an on-brand, consultative home financing experience that increases borrower conversion, repeat business and referrals. To date, more than 140 enterprise independent mortgage banks, depository banks and credit unions rely on Mortgage Coach to deliver personalized, modern service that grows revenue and customer loyalty. To learn more about Mortgage Coach, visit https://www.mortgagecoach.com or follow @MortgageCoach.

About Logix:

Chartered in 1937, Logix Federal Credit Union offers a full menu of financial services, and surcharge-free access to 30,000 ATMs nationwide. Logix Federal Credit Union is rated "superior" for financial strength, and is the largest credit union headquartered in Los Angeles County, with more than 225,000 members and $9 billion in assets. Logix operates 18 branches in Los Angeles and Ventura counties.

Federally insured by NCUA. Logix is an Equal Housing Lending. NMLS ID 503781. For more information, visit http://www.lfcu.com/.

Mortgage Coach, a borrower conversion platform empowering mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, announced today that Logix Federal Credit Union (Logix) has rolled out Mortgage Coach to enhance the mortgage advisory service it provides to members.

Related link: https://mortgagecoach.com/

Allegent Community Federal Credit Union Hires Social Media Expert

PITTSBURGH, Pa. /ScoopCloud/ -- Allegent Community Federal Credit Union (Allegent) has hired Theresa Kisha, an expert in digital marketing, social media, email communication and website development/optimization, to manage and increase the credit union's social media presence, while also enhancing its digital presence, search engine optimization and strategic marketing efforts.

Kisha works alongside Mark Bruno, Vice President of Operations and Technology, to expand the Allegent brand and increase brand recognition. She has been a supporter of Special Olympics of Pennsylvania, Western Pennsylvania Police Benevolent Foundation, and the Women's Center & Shelter of Greater Pittsburgh. Allegent has five branches in the Pittsburgh area - Downtown, South Side, Penn Hills, Wexford, and Cranberry Township.

About Allegent Community Federal Credit Union:

Allegent Community Federal Credit Union, formerly known as Allegheny Co. (PA) U.S. Government Employees Federal Credit Union, was chartered on March 7, 1935. Since 1935, the credit union has grown to over 14,000 members, many locations, and over 140 million in assets.

Their mission is to be a full-service financial institution and to continuously strive to provide their members with an ever-growing range of quality products and services mixed with one-on-one personal attention that everyone deserves, all while maintaining a safe and sound credit union.

Learn more at: https://www.allegentfcu.org/

Follow on Facebook: https://www.facebook.com/allegentfcu/

Allegent Community Federal Credit Union (Allegent) has hired Theresa Kisha, an expert in digital marketing, social media, email communication and website development/optimization, to manage and increase the credit union's social media presence, while also enhancing its digital presence, search engine optimization and strategic marketing efforts.

Related link: https://www.allegentfcu.org/

Michigan First Credit Union Implements CompenSafe by LBA Ware to Facilitate Mortgage Lending Division Growth

MACON, Ga. /ScoopCloud/ -- LBA Ware™, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced that Michigan First Credit Union (Michigan First) has implemented LBA Ware's ICM platform CompenSafe™ to automate incentive compensation for its mortgage division's 40+ loan originators (LOs) and loan originator assistants (LOAs). After a record-setting 23-day implementation period, Michigan First deployed CompenSafe to automate monthly incentive compensation for its LOs and LOAs and is currently working on rolling it out for its operational staff.

Holding $1.4 billion in total assets, Michigan First is an open credit union serving 175,000 members that live or work in the state of Michigan. Michigan First introduced mortgage lending as a member service in 2014, and originates, underwrites and services all of its mortgage loans in-house. The credit union has substantially grown its mortgage lending division each year, closing 2,000 mortgage loans representing nearly $500 million in volume in 2020.

"I selected CompenSafe to streamline Michigan First's incentive compensation because its efficiency enables us to quickly scale to growth and its flexibility enables us to develop custom incentive compensation plans that motivate our mortgage team to build strong relationships with members," said Michigan First Chief Mortgage Lending Officer Dan Sugg, CMB. "In addition to saving us time, money and energy, CompenSafe provides unparalleled transparency into the compensation process. LOs and sales team leaders frequently check their CompenSafe dashboard for pay and productivity updates as loans move through the pipeline."

CompenSafe is the only ICM platform purpose-built for mortgage lenders. By integrating directly with mortgage loan origination systems (LOSs), CompenSafe automatically calculates commissions and bonuses as loans fund in near real-time. In addition to freeing lenders from the error-prone, time-consuming process of managing incentive compensation with spreadsheets, CompenSafe tracks and time-stamps all commission transactions, creating a comprehensive audit trail for CFPB compliance.

"Credit unions seeking to forge stronger ties with members through mortgage lending benefit from automating the burdensome chore of managing incentive compensation so they can focus on what matters most: the member experience," said LBA Ware Founder and CEO Lori Brewer. "LBA Ware understands that empowering lenders with the latitude to develop specialized incentive compensation structures helps motivate loan teams to meet productivity goals and deliver a better member experience. We're honored that Michigan First has selected CompenSafe to facilitate its mortgage lending division's growth."

About LBA Ware™:

LBA Ware is a leading provider of cloud-based software for mortgage lenders. Since 2008, LBA Ware has been on a mission to help mortgage companies reach new heights with software that integrates data, incentivizes performance and inspires results. Today, more than 100 lenders of all sizes, including some of the nation's top producing mortgage companies, use LBA Ware's award-winning technology to enhance lender experiences and maximize the human potential within their organizations. A 2020 Inc. 5000 fastest-growing private company, LBA Ware is headquartered in Macon, Georgia. For more information, visit https://www.lbaware.com.

About Michigan First Credit Union:

With over $1.3 billion in assets, Michigan First Credit Union has represented financial stability to its members since 1926 and now serves over 175,000 area residents and businesses. The credit union continues growing strong by providing the best in financial products and services to its valued members. Learn more at www.michiganfirst.com.

Twitter: @LBAWare #CompenSafe #creditunion #mortgagelending

LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced that Michigan First Credit Union (Michigan First) has implemented LBA Ware's ICM platform CompenSafe to automate incentive compensation for its mortgage division's 40+ loan originators (LOs) and loan originator assistants (LOAs).

Related link: https://go.lbaware.com/

Velocity Credit Union Provides Employees Paid Time Off to Vote Early

AUSTIN, Texas /ScoopCloud/ -- Velocity Credit Union understands the importance of voting. To remind its employees that their vote is their voice and to encourage them to use it, the financial institution has announced a company-wide perk: paid time off to vote.

Velocity is providing two paid hours during Texas' early voting period, Oct. 13-30, 2020, for employees to exercise their civic duty while remaining on the clock.

In addition, the credit union will award points to employees who vote that can be redeemed for merchandise, gift cards, additional time off and other work perks via the company's internal employee recognition and rewards program.

"During these unfamiliar times, Velocity's employees, as providers of an essential service, have taken on an unusual amount of change and disruption in order to continue providing the high-quality service that our members take for granted," said Velocity president and CEO Debbie Mitchell.

"We hope to make things a little easier for our staff by enabling them to vote early and avoid the potentially long lines and large crowds many expect on election day, November 3, and to reward them for exercising that right."

The move also means that Velocity branches will remain fully staffed on that potentially hectic day.

Velocity operates six branches and multiple ITM/ATMs in the Austin area.

About Velocity Credit Union:

Velocity Credit Union is one of the largest Austin-area credit unions with branches located in Austin, Round Rock and Cedar Park. Chartered in 1947, the institution serves a five county area, with a broad and diverse community membership. The credit union employs more than 200 people, has assets of approximately $849 million and serves more than 84,000 members. To learn more about Velocity Credit Union's products and services, visit https://www.velocitycu.com/.

Velocity Credit Union understands the importance of voting. To remind its employees that their vote is their voice and to encourage them to use it, the financial institution has announced a company-wide perk: paid time off to vote.

Related link: https://www.velocitycu.com/

Velocity Credit Union gives members free access to their FICO® Scores

AUSTIN, Texas /ScoopCloud/ -- Velocity Credit Union credit card holders can now access their FICO(R) Scores at no charge through monthly statements and online banking. FICO(R) Scores will be refreshed on a quarterly basis and checking them will not affect credit ratings.

FICO(R) Scores are widely used by lenders in evaluating risk when making credit-related decisions. Credit cards, auto loans and insurance, and mortgage rates can be affected by credit scores. Knowledge is power, and knowing this three-digit FICO(R) Score (and the key factors affecting it) can help consumers see how lenders view them.

Free access to FICO(R) Scores is easy, since they will appear on members' monthly statements. Or, cardholders can simply log into Online Banking at https://www.velocitycu.com/ (or through our free mobile app), select "Credit Card Services" from the "Services" category of the Home Page menu, and click the "FICO(R) SCORE" banner on the right side of the screen. Selecting a card number will reveal the score.

For more information, including specific factors that impact FICO(R) Scores and their relative importance, visit https://www.velocitycu.com/FICO.

FICO is a registered trademark of Fair Isaac Corporation in the United States and other countries.

About Velocity Credit Union:

Velocity Credit Union is one of the largest Austin-area credit unions with branches located in Austin, Round Rock and Cedar Park. Chartered in 1947, the institution serves a five county area, with a broad and diverse community membership. The credit union employs more than 200 people, has assets of approximately $849 million and serves more than 84,000 members. To learn more about Velocity Credit Union's products and services, visit https://www.velocitycu.com/FICO.

Velocity Credit Union credit card holders can now access their FICO Scores at no charge through monthly statements and online banking. FICO Scores will be refreshed on a quarterly basis and checking them will not affect credit ratings.

Related link: https://www.velocitycu.com/

Allegent FCU steps up to the Reese’s Peanut Butter Cup Challenge, Cranberry Twp., Pennsylvania

WEXFORD, Pa. /ScoopCloud/ -- Capturing the buzz of a current Hershey's Reese's Peanut Butter commercial spot - Allegent FCU actually sells Reese's Peanut Butter Cups at a financial institution! The Hershey Company's branded Reese's spot teased the Federal Credit Union into accepting the challenge and partnering with Reese's in fulfilling the commercial spot's thought: that Reese's are "sold literally everywhere business is done, I'm pretty sure you could buy them at a bank."

You can view the spot here:
https://youtu.be/dHYB9qBAiBs

Mark Bruno, Vice President of Allegent, states, "We love to partner with other successful and grounded companies. We viewed the commercial and said, lets act on it, were all about the buzz."

In another statement, Allegent CEO Angelo Lucatorto adds to the conversation, "We're all about the community, and yes, we are an integral part of the Credit Union industry with deep, financially-sound, responsible roots, but our staff likes a fun-loving challenge as well."

Proceeds from the sales benefit St. Jude Children's Research Hospital.

About Allegent Federal Credit Union:

Allegent Community Federal Credit Union, formerly known as Allegheny Co. (PA) U.S. Government Employees Federal Credit Union, was chartered on March 7, 1935. Since 1935, the credit union has grown to over 14,000 members, many locations, and over 140 million in assets. Their mission is to be a full-service financial institution and to continuously strive to provide their members with an ever-growing range of quality products and services mixed with one-on-one personal attention that everyone deserves, all while maintaining a safe and sound credit union.

For more info visit https://www.allegentfcu.org/

Capturing the buzz of a current Hershey's Reese's Peanut Butter commercial spot - Allegent FCU actually sells Reese's Peanut Butter Cups at a financial institution! The Hershey Company's branded Reese's spot teased the Federal Credit Union into accepting the challenge and partnering with Reese's in fulfilling the commercial spot's thought: that Reese's are "sold literally everywhere business is done, I'm pretty sure you could buy them at a bank."

Related link: https://www.allegentfcu.org/

Velocity Credit Union commits to downtown Austin with construction of its new branch

AUSTIN, Texas /ScoopCloud/ -- Velocity Credit Union, a fixture of the Austin financial scene since 1947, has begun site preparation for its new branch office in downtown Austin. To be located on the southeast corner of 12th and Sabine Streets, the new facility is being built immediately across Sabine Street and just to the east of Velocity's current downtown location (610 E. 11th Street). The credit union's headquarters have been at this location for many years. Construction for the new branch is imminent and it is scheduled to be completed in the third quarter of 2020. Once the facility is completed, the old headquarters site will be used for new development.

"We want to assure our members that, in spite of the hardhats, demolition and construction crews they might see, our current downtown office, ATMs and drive-through teller lanes remain fully operational," said Debbie Mitchell, Velocity's president and CEO. "Velocity has operated from our east 12th Street location since 1961 and we remain committed to our downtown members and business relationships. The credit union looks forward to being a vital part of, and partner to those leading, the re-development of the Waller Creek area, the medical center and the evolving residential and entertainment community. This area has been our home for almost 60 years and Velocity Credit Union will continue to serve downtown Austin for many more years to come."

The new branch was designed by Mente Sowell Architects of Austin and will be constructed by Austin Canyon Corporation. At just over 5,000 square feet, the branch will feature a full service lobby, safe deposit box services, and four drive-thru lanes equipped with state-of-the-art Interactive Teller Machines (ITMs). The branch will employ a staff of 8-10, who can handle all member service needs including teller transactions, opening new accounts, wealth management services and loan services.

More information: https://www.velocitycu.com/

About Velocity:

Velocity Credit Union is one of the largest Austin-area credit unions with branches located in Austin, Round Rock and Cedar Park. Chartered in 1947, the institution serves a five-county area, and enjoys a broad and diverse community membership. The credit union employs more than 200 people in the area, has assets of approximately $856 million and serves more than 84,000 members. To learn more about Velocity Credit Union's products and services, visit https://www.velocitycu.com/.

*IMAGE link for media: https://www.Send2Press.com/300dpi/19-0129s2p-velocity-render-300dpi.jpg
*Caption: Velocity Downtown Branch Render.

Velocity Credit Union, a fixture of the Austin financial scene since 1947, has begun site preparation for its new branch office in downtown Austin. To be located on the southeast corner of 12th and Sabine Streets, the new facility is being built immediately across Sabine Street and just to the east of Velocity's current downtown location (610 E. 11th Street).

Related link: https://www.velocitycu.com/