Canyon State Credit Union and Grand Canyon University Expands Partnership

Canyon State Credit Union and Grand Canyon University Expands Partnership

August 19, 2019: Canyon State Credit Union is excited to announce they have been named Grand Canyon University’s partner to offer financial products and services to the University’s students (both on-campus and online), staff and alumni as well as fans and supporters of the University. With this partnership, the Credit Union will open a branch on campus within the GCU’s Lope Shop in the fall of this year. The Canyon State Credit Union campus branch will provide the convenience of onsite, in-person account services, combined with the flexibility of remote access through online banking, mobile banking and ATMs. “Grand Canyon University has selected Canyon State Credit Union as our first university-based branch and we look forward to the financial and professional development this partnership will provide to our students, faculty and staff,” said Grand Canyon University President Brian Mueller. This will be a full-service branch offering the same products and services that are available at any Canyon State Credit Union branch. The Credit Union will also work with GCU to hire students this fall to complete staffing of the on-campus branch.

In addition to the campus branch, the Credit Union has created a free Lopes Checking account based off of GCU’s mascot Thunder the Antelope. Lopes Checking will be free with eStatements, have a Round-Up Savings feature and most excitingly, a GCU Affinity Mastercard Debit Card. With each qualified swipe of the GCU Affinity card, Canyon State Credit Union will donate to the GCU General Scholarship Fund. “We are uniquely positioned to serve not only the students who are on campus every day, but the community as a whole as well,” said Canyon State Credit Union’s interim CEO David Skilton.

The two organizations began their relationship back in 2015 when Canyon State Credit Union became an official sponsor of GCU’s men’s basketball. Since that time, the Credit Union has participated in multiple Move-In Weeks as well as sponsored athletic games. This year it will also include men’s baseball and soccer.

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Canyon State Credit Union is headquartered in Phoenix, AZ and has been serving the people of Arizona for more than 65 years with branch locations in Deer Valley, Goodyear, and Phoenix as well as Payson, AZ. The Credit Union is open for membership to anyone who lives, works, or worships in a number of zip codes within Arizona, as well as anyone who works for the Credit Union’s designated Select Employee Groups (SEGs). For more information about the Credit Union and membership, visit www.CanyonStateCU.org

 

CONTACT:

Lenore Froehlich
3440 W. Deer Valley Rd
Phoenix, AZ 85027
623.580.6053
LFroehlich@canyonstatecu.org
www.CanyonStateCU.org

 

The Denver office is moving!

After over 11 years at 1009 Grant Street in downtown Denver, we are moving our office this week.  As you may recall, we sold the building last fall and have been in a leaseback situation since then.  We are excited to move into the next chapter of the Association with more efficient space.

CECL resources available

Stephen Nelson, VP of Credit Union Support at the Utah Credit Union Association, recently shared some resources primarily geared toward helping smaller and mid-sized credit unions meet CECL requirements.  The resources are on the Utah Credit Union Association website https://www.utahscreditunions.org/resources/123/ and include:

  • 8 videos covering just about everything in the primer and spreadsheets. All the videos combined run about 2 hours and 45 minutes.
  • 5 Excel spreadsheets detailing 3 methodologies, a forecast, and qualitative factors.
  • A primer outlining how a credit union can complete CECL without having to hire an outside vendor.

These resources are available for free. Thank you to Stephen and the entire Utah Credit Union Association team for putting this together and making it available to CUs.

 Tara Tocco, Auditor at Hughes, Wins National Award for Excellence in Service

Tucson Ariz.,– July 9, 2019 – Hughes Federal Credit Union’s Internal Audit Manager Tara Tocco received the 2019 Randy Manscill Excellence in Service Award from the Association of Credit Union Internal Auditors (ACUIA) at its recent annual meeting in Denver, Colorado. Tocco was also elected to the organization’s board of directors.

The ACUIA is recognized as a premier provider of education and resources to credit union internal auditors, risk managers, compliance officers, and audit/supervisory committee members. Tocco’s award was in recognition for her outstanding volunteer contributions to the ACUIA that helped increase its chapter base from 18 to 28 states.

“Tara Tocco demonstrates her commitment to professional excellence in her daily work and through her ACUIA volunteer activities,” said Robert J. Swick, president/general manager. “We are so pleased she received the recognition and are proud to have her as an integral part of our team.”

Tocco serves as an ACUIA board liaison to the regional directors and chapter coordinators. She is also a board liaison to the social media committee responsible for increasing ACUIA’s presence on Facebook and LinkedIn.

“I am very honored by the award and look forward to continuing to serve an organization that does so much to support credit union professionals across the country,” said Tocco.

About Hughes Federal Credit Union 

Established in Tucson in 1952, Hughes Federal Credit Union has $1.2 billion in assets and nearly 130,000 members. Hughes is rated as one of the best in-state credit unions in Arizona by Forbes for the second year in a row, has a Bauer Financial five-star superior rating, and is rated “A+” and has been accredited by the Better Business Bureau since 1974. The credit union is federally insured by the National Credit Union Administration. For more information, visit HughesFCU.org or follow Hughes at Facebook.com/HughesFCU and on Twitter.com/HughesFCU.

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Contact:

Kellie Terhune Neely

VP Marketing

520-205-5670

KTerhune@HughesFCU.org

 

 

Premier Members CREDIT UNION ELECTED as Forbes’ top FIVE best-in-state credit unions 

Boulder, Colo. (July 2, 2019) – Premier Members Credit Union has been voted as one of the top five best credit unions in Colorado, according to a recent survey by Forbes that included more than 25,000 customers in the United States.

Financial institutions were scored on overall recommendations and satisfaction, as well as five subdimensions including: trust, terms and conditions, branch services, digital services and financial advice.

The Forbes recognition adds to the growing list of awards and honors Premier Members Credit Union has received within the past year:

  • Premier Members Credit Union was the recipient the Mountain West Credit Union Association’s (MWCUA) Community Impact Award, highlighting the credit union’s employee volunteer programming.
  • Premier Members was announced as Kiplinger’s Top Checking Accounts in 2019, and received national recognition by S&P Global as the Top 50 Best Performing Credit Unions in the nation.
  • Premier Members was named among DepositAccounts Top 200 list of Healthiest Credit Unions in the United States for 2019.  Premier Members Credit Union achieved an “A+” health rating in the 2019 DepositAccounts financial health study, making the credit union one of the healthiest NCUA-insured credit unions in the United States.

About Premier Members: Premier Members Credit Union is a not-for-profit financial institution dedicated to providing financial solutions to individuals and businesses in Colorado’s Front Range. With more than 73,000 members, $1.1 billion in assets, 13 retail branch locations and four locations in area high schools, PMCU is a leader in the credit union industry. In addition to being at the forefront of the industry in sustainable business practices, PMCU takes pride in giving back to the communities it serves, supporting a wide variety of activities and fundraising events for charitable organizations like United Way, Realities for Children of Boulder County, Impact on Education and many more. To learn more, visit pmcu.org.

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Contact:
Andrea Balazs, Corporate Social Responsibility
Premier Members Credit Union, 303.657.7304
abalazs@pmcu.org

 

Aventa Credit Union Announces New Chief Risk Officer/General Counsel

Colorado Springs, Colo. (July 1, 2019) – Aventa Credit Union recently named Patrick Harrigan as its Chief Risk Officer/General Counsel where he will be responsible for the safety and soundness of the credit union as it relates to legal matters and regulatory compliance. He will also oversee the BSA/AML and record retention functions.

Patrick Harrigan, Chief Risk Officer/General Counsel

Mr. Harrigan previously served as the Chief Risk Officer and General Counsel for Service Credit Union in Portsmouth, New Hampshire, for over nine years, supervising the Legal, Risk, Information Security, and HR/Education Departments, and served on its Board of Directors for five years.  Mr. Harrigan holds a B.A. in Economics from Brown University, a J.D. from the University of Maine School of Law, and a M.B.A. Finance from Plymouth State University, and is a N.A.F.C.U. certified compliance officer and risk manager.

About Aventa

Aventa Credit Union was founded in 1957 by the Colorado Springs Utilities Department. Today, Aventa has grown to more than 27,000 members and nearly $200 million in assets. The credit union offers a wide-variety of financial products and services throughout their branches in Colorado Springs, Pueblo and the San Luis Valley.

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For More Information

Conner Shears

Marketing Coordinator

719.482.7700

Forbes Names Hughes as One of Arizona’s Best In-State Credit Unions in 2019

Tucson AZ – Hughes Federal Credit Union was named as one of Forbes’ “Best-In-State Banks and Credit Unions” in Arizona for the second year in a row, ranking as one of the state’s top five credit unions in the 2019 rankings published on June 25.

Forbes partnered with Statista on an independent survey of more than 25,000 customers across the nation about their financial dealings. The banks and credit unions were rated on overall recommendations and satisfaction, as well as five key areas: trust, terms and conditions, branch services, digital services, and financial advice.

Hughes’ President and General Manager Robert J. Swick said, “We are honored to be recognized as one of the best in-state credit unions in Arizona by Forbes for two years in a row. This award validates our dedication to making a positive difference in the financial lives of our members through best-in-class products, services and customer care.”

About Forbes & America’s Best-In-State Banks and Credit Unions

Forbes is a global media company, focusing on business, investing, technology, entrepreneurship, leadership and lifestyle. Forbes.com is part of Forbes Digital, a division of Forbes Media LLC. Forbes.com also publishes investment newsletters and an online guide of “bests” by industry rankings. For America’s Best-In-State Banks and Credit Unions 2019, the length of the top lists in each state varies between 1 and 10, based on the number of responses in each state. Nationwide banks or credit unions that have branches in at least 15 U.S. states were excluded from the rankings. In total, 182 credit unions and 149 banks qualified, or 3.1% of the total number of U.S. financial institutions.

Hughes Federal Credit Union

Established in Tucson in 1952, Hughes Federal Credit Union has $1.2 billion in assets and nearly 130,000 members. Hughes is rated as one of the best in-state credit unions in Arizona by Forbes for two years in a row, has a Bauer Financial 5-Star “Superior” rating, is rated A+and has been accredited by the Better Business Bureau since 1974. The Credit Union is federally insured by the National Credit Union Administration. For more information, visit HughesFCU.org, or follow Hughes at Facebook.com/HughesFCU and Twitter.com/HughesFCU.

 

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Contact:

Kellie Terhune Neely

VP Marketing

520-205-5670

KTerhune@HughesFCU.org

PHOTOS AVAILABLE UPON REQUEST

Mapleton Public Schools Federal Credit Union and Westerra Credit Union to Merge

Educational Focus Brings Credit Unions Together

DENVER, CO – Mapleton Public Schools Federal Credit Union and Westerra Credit Union today announced plans to merge the credit unions serving the employees, students, graduates, retirees and families of the Denver area school districts.

“Our credit unions have so much in common,” said Mapleton Public Schools Federal Credit Union Co-Chairman Sam Molinaro, “and this merger positions us even better to serve the financial needs of our members through additional branches, expanded service and a continued focus on financial education in our schools and our community.”

“We are very excited about the many benefits this merger of two sound credit unions provides to both Mapleton and Westerra members,” said Andy Raicevich, Chairman of Westerra Credit Union. “It is important to us to provide local resources, as conveniently as possible, to meet the financial needs of those in our community.”

Through Westerra Credit Union, members will have access to 10 branches across the metro area, as well as 200 Colorado CO-OP Shared Branch locations and 1000 surcharge-free ATMs.  The local member-owned credit union, organized in 1934 by eight Denver school teachers, anticipates regulatory pre-approval in the next couple weeks, followed by a vote of Mapleton Public Schools Federal Credit Union members to join Westerra’s state charter.

“Our credit unions share a commitment to financial education,” said Jay Champion, President/CEO of Westerra Credit Union. “Members and non-members are invited to attend free financial seminars, use our online financial literacy tools, and have conversations with credit union staff to find answers to their questions.  Westerra also provides grants to schools and makes presentations in classrooms to help our educational community with their important mission.  We look forward to sharing these resources throughout the entire Mapleton community.”

Westerra membership is open to anyone who lives or works in the 7-county Denver metro area—Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas or Jefferson counties. After the merger, membership will also include employees, retirees, students, graduates and families of Mapleton Public Schools.

Champion will continue as President/CEO of Westerra Credit Union with the anticipated merger date of October 1, 2019.  The full integration of Mapleton Public Schools Federal Credit Union operations will take place throughout the fourth quarter of 2019.

Credit Union Merger Facts:

  • Both Mapleton Public Schools Federal Credit Union and Westerra Credit Union are awarded the top rating for financial institutions—5 Stars—by Bauer Financial, Inc. as well-capitalized solid financial institutions.  (Bank and credit union ratings can be reviewed at www.bauerfinancial.com.)
  • Funds will continue to be federally insured by the National Credit Union Administration (NCUA), an agency of the federal government, up to $250,000 per member.
  • Westerra Credit Union and Mapleton Public Schools Federal Credit Union are local not-for-profit, member-owned financial cooperatives, run by boards of directors elected from their membership.
  • Westerra Credit Union was organized in 1934 by teachers and today serves 125,000 members.
  • Mapleton Public Schools Federal Credit Union was organized by teachers in 1959 and today serves 450 members.
  • Westerra was originally formed as Denver Public Schools Credit Union and has an 85 year history of serving educators throughout the Denver metro area.
  • The credit union will continue providing the same personalized care, educational programs, low-cost financing, and broad array of products and services.
  • At March 31, 2019, Westerra’s assets totaled $1.56 billion and Mapleton Public Schools Federal Credit Union’s assets totaled $2.5 million.
  • Both credit union boards of directors have unanimously approved the merger, which is anticipated to be finalized October 1, 2019.

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 About Westerra Credit Union – Celebrating its 85th anniversary in 2019, Denver-based Westerra Credit Union holds over $1.5 billion in assets and serves 125,000 members throughout the Denver metro area. For more information, visit www.westerracu.com.

Nancy Bunte | Vice President, Marketing and Public Relations | Westerra Credit Union
O: 303-329-4511 | C: 303-358-8015 | nbunte@westerracu.com

Best-In-State Credit Union by Forbes: UniWyo FCU

On June 25, 2019, Forbes announced America’s Best Credit Unions by state. UniWyo Federal Credit Union is honored to be named “Best-In-State Credit Union 2019” for Wyoming!  There are over 5,000 credit unions across the nation with 117 million members; only 182 credit unions were awarded the Best-In-State Credit Unions for 2019. UniWyo received the only title for Wyoming. To determine the Best-In-State Credit Unions, Forbes partnered with Statista, a marketing research firm, surveying more than 25,000 U.S. consumers about their banking relationships.

President of UniWyo, Dave Krause, said “UniWyo Federal Credit Union, like all credit unions, is in the business of “people helping people”. We would not have received this honor without our members and we would like to say THANK YOU for choosing UniWyo! Our members are the reason we do what we do every day.”

UniWyo Federal Credit Union was chartered as a credit union in December 1953, when nine University of Wyoming employees opened their accounts with $5 each. UniWyo is a member of the National Credit Union Administration (NCUA) with accounts federally insured to at least $250,000.

Canvas’ Chris Chippindale Joins CU Service Network Board

Chris Chippindale, Chief Operating Officer at Canvas Credit Union, joins CUSN’s board of managers.

LONE TREE, CO, JUNE 18, 2019 — Chris Chippindale, Chief Operating Officer at Canvas Credit Union joined the CU Service Network (CUSN) Board of Managers in June 2019. The nine-person board represents financial executives from around the country dedicated to the cooperative spirit of the credit union industry. CUSN brings to life the foundational values of credit unions to share ideas, resources, and innovative solutions in order to help create an even brighter future for all credit union members.

Chris joins two other new members to the CUSN board, Joe Christian the President/CEO of Nusenda CU, and Dave Krause the President/CEO of UniWyo FCU. “I’m happy to have Dave, Chris, and Joe join the board, allowing us to tap into their years of experience and move the organization forward,” said Doug Burke, President/CEO of CUSN. The CUSN board also welcomes a new Chairman, Tessa Bonfante, CEO of Denver Community CU.

Chris Chippindale, COO at Canvas Credit Union

“For me it’s not only an opportunity to give back to a great organization, to support the credit union,” said Chris, “but also work closer with some very smart folks who have had distinguished careers within CU Service Network and those serving on the board of managers. I have known the management team for 10+ years and have always appreciated their dedication to serving the needs of credit unions.”

Dedicated to serving the needs of credit unions, CUSN has been expanding their focus beyond shared branching, a service for credit unions to share locations to provide more brick & mortar locations for their members, in the last couple of years. Their suite of services has grown to include more back-office support including Accounting, Human Resources, Compliance, and IT Management.

Chris began his career at Canvas as VP of Digital Strategies in 2015, bringing more than 24 years of credit union and banking experience with him. In 2017, Chris took on the role of Chief Operating Officer at Canvas. Standing shoulder-to-shoulder with his team, Chris oversees Member Experience, Support Services, Consumer Loan Servicing, Mortgage Servicing, Payment Systems, Retail Operations Support, Lending Operations, Deposit Product Management, and all 26 branch locations.

A proud Denver native, he earned his bachelor’s degree in finance and marketing from the University of Denver. Chris completed the inspirational Filene i3 program—a group of professionals challenged to create innovative ideas for the benefit of the credit union industry. He served as co-chair of the Payments Committee of the Credit Union National Association (CUNA), is an active member of the CO-OP Technology Advisory Board, and completed the Credit Union Executives Society (CUES) CEO Institute program. Chris was also voted runner-up in the “Best Boss” category conducted by the Colorado Springs Business Journal in 2012. Chris has a passion that pushes his Canvas family into constant forward movement helping members throughout Colorado afford life.

“This is an exciting time to be joining CUSN as they continue to diversify their offerings beyond shared branching. Although important to the bottom line, and a prime example of how our cooperation benefits our members, it’s great to see CUSN focus on other areas that help credit unions thrive.”

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About Canvas Credit Union (http://canvas.org)
Canvas Credit Union (Formerly Public Service Credit Union) is a safe and insured financial institution with over $2.5 billion in assets and more than 245,000 members. Canvas provides a full array of financial products and services, including savings, checking, loans, mortgages, and online and mobile options. Serving Colorado communities for more than 80 years, Canvas currently has 26 branches.

Contact Information
Tansley Stearns
Chief People & Strategy Officer
Canvas Credit Union
tansleys@canvas.org

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