CU1

Green Check Catapults Into The New Year, Building on Unprecedented Growth in 2023 Within the Emerging Cannabis Market

Retrieved on: 
Thursday, February 1, 2024

“As we usher in the new year, we’re invigorated by all that we have accomplished in 2023 to connect legal cannabis operators with financial institutions across the country,” said Kevin Hart, CEO and co-founder of Green Check.

Key Points: 
  • “As we usher in the new year, we’re invigorated by all that we have accomplished in 2023 to connect legal cannabis operators with financial institutions across the country,” said Kevin Hart, CEO and co-founder of Green Check.
  • Last year, GC also debuted the first-of-its-kind cannabis business marketplace, Green Check Connect .
  • To help expand data connectivity and business critical insights for cannabis operators, GC launched Green Check Access in the fall of 2023 – a unified cannabis API offering a suite of integrations and normalized data.
  • Green Check Access unlocks actionable insights for the cannabis industry, while empowering CannaTech and MSOs to build better, more tailored experiences for their customers.

Credit Union 1 Values Jack Henry's Commitment to the Future

Retrieved on: 
Thursday, November 30, 2023

MONETT, Mo., Nov. 30, 2023 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that Credit Union 1 (CU1) now leverages the Symitar core because of the company's commitment to modernization. With nearly $1.5 billion in assets, CU1 is the second-largest credit union in Alaska, a market where more than half of the credit unions rely on Jack Henry for their core technology.

Key Points: 
  • MONETT, Mo., Nov. 30, 2023 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that Credit Union 1 (CU1) now leverages the Symitar core because of the company's commitment to modernization.
  • With nearly $1.5 billion in assets, CU1 is the second-largest credit union in Alaska, a market where more than half of the credit unions rely on Jack Henry for their core technology.
  • Jack Henry's open banking infrastructure was the leading factor in the credit union's decision to move its core to the Symitar® platform.
  • "Credit unions that make the decision to move to Jack Henry are not only investing in technology but planning for the future of their institution in the years to come," said Shanon McLachlan, President of Credit Union Solutions at Jack Henry.

Credit Union 1 Joins Green Check Verified Platform to Better Serve Cannabis Businesses Across Multiple States

Retrieved on: 
Wednesday, May 31, 2023

BONITA SPRINGS, FL, May 31, 2023 (GLOBE NEWSWIRE) -- Green Check Verified (GCV), the leading fintech provider of compliant cannabis solutions and services to financial institutions, today announced Credit Union 1 (CU1) joined its cannabis financial and business services platform to improve and expand its cannabis banking offering.

Key Points: 
  • BONITA SPRINGS, FL, May 31, 2023 (GLOBE NEWSWIRE) -- Green Check Verified (GCV), the leading fintech provider of compliant cannabis solutions and services to financial institutions, today announced Credit Union 1 (CU1) joined its cannabis financial and business services platform to improve and expand its cannabis banking offering.
  • “Credit Union 1 has been on our radar for a long time given its leadership in cannabis banking,” said Paul Chesek, chief revenue officer at GCV.
  • Participants in the Green Check Connect marketplace benefit from the platform’s intelligent matching technology, which matches cannabis businesses with best-fit service providers tailored to their needs.
  • To date, Green Check Verified has onboarded nearly 150 financial institutions and serves over 5,000 cannabis-related businesses on its industry-leading platform.

Credit Union 1 Finalizes Emory Alliance Credit Union Merger, Increasing Asset Size to $1.6 Billion

Retrieved on: 
Friday, December 2, 2022

The acquisition of NorthSide Community Bankwith branches in Gurnee, Mundelein, Niles, and Riverwoodscontinues to build out CU1's presence in Illinois.

Key Points: 
  • The acquisition of NorthSide Community Bankwith branches in Gurnee, Mundelein, Niles, and Riverwoodscontinues to build out CU1's presence in Illinois.
  • Credit Union 1's top priority is the member experience, providing new members with an expanded array of products, highly competitive rates, a larger national footprint, and investment in local communities.
  • Credit Union 1 is celebrating 65 years of helping members reach their financial goals.
  • CU1's mission is to exceed our members' expectations by delivering innovative financial solutions to help achieve their maximum economic potential.

Credit Union 1 Partners with Total Expert to Surface New Opportunities and Grow Lending Practice

Retrieved on: 
Tuesday, October 18, 2022

Leveraging Total Expert, Credit Union 1 will be able to connect key sources of data into one platform to surface new leads and opportunities before they slip through the cracks.

Key Points: 
  • Leveraging Total Expert, Credit Union 1 will be able to connect key sources of data into one platform to surface new leads and opportunities before they slip through the cracks.
  • Through our partnership with Total Expert, well be able to deliver increased value for each of our members.
  • Credit Union 1 joins a growing list of financial brands realizing the power of Total Expert.
  • Total Expert turns customer insights into actions to increase loyalty and drive growth for banks, lenders, credit unions, and other financial services firms.

Credit Union 1 and the Golic Family Foundation Announce Partnership and Plan to Distribute $100,000 in Grants to Local Nonprofits in 2023

Retrieved on: 
Saturday, October 8, 2022

Together, CU1 and the Golic Family Foundation plan to offer $100,000 in grants to local nonprofits serving the South Bend community and beyond in 2023.

Key Points: 
  • Together, CU1 and the Golic Family Foundation plan to offer $100,000 in grants to local nonprofits serving the South Bend community and beyond in 2023.
  • "In our 65-year history, Credit Union 1 has always been committed to supporting families and communities.
  • "The partnership with the Golic Family Foundation was a natural fit, and we look forward to strengthening our ties with the residents of South Bend and the wonderful nonprofits that serve the community."
  • Grants will be distributed throughout 2023, but interested organizations can learn more and submit an application now at creditunion1.org/golic .

Credit Union 1 Launches Limited-Time 44-Month Share Certificate With Bonus Incentive as Current Interest Rates Benefit Savings-Minded Consumers

Retrieved on: 
Friday, August 19, 2022

New and existing members who open a 44-month share certificate with new money will be eligible for a bonus of up to $500.

Key Points: 
  • New and existing members who open a 44-month share certificate with new money will be eligible for a bonus of up to $500.
  • Credit Union 1's 44-month share certificate launched Aug. 15, 2022, and is expected to run through Sept. 30, 2022.
  • The renewal term will be for a 48-Month Share Certificate at Credit Union 1's then-offered rates and will not have a Bonus Payment associated with the renewal.
  • The early withdrawal penalty for the 44-month share certificate is 270 days' dividends as well as the Bonus Payment amount, if any.

Credit Union 1 Named Primary Sponsor of Mike Golic's Inaugural Celebrity Charity Golf Event at the University of Notre Dame

Retrieved on: 
Friday, June 10, 2022

SOUTH BEND, Ind., June 10, 2022 /PRNewswire-PRWeb/ -- Notable University of Notre Dame alumnus, former NFL player, and veteran sportscaster Mike Golic, along with his family, will host his first celebrity charity golf tournament, the Golic Sub-Par Classic, partnering with Credit Union 1 to raise money for local charitable organizations in the South Bend community. The two-day event will be held at the University of Notre Dame on Sunday, June 26, and Monday, June 27, and provide a distinctive, first-class hospitality experience with celebrity interaction.

Key Points: 
  • The two-day event will be held at the University of Notre Dame on Sunday, June 26, and Monday, June 27, and provide a distinctive, first-class hospitality experience with celebrity interaction.
  • The following day, team sponsors will be paired with celebrity guests invited by the Golic Family for a full golf outing on the Warren Golf Course at Notre Dame.
  • Golfers will be challenged with on-course competition, taste local cuisine, and engage notable Notre Dame alumni at the tournament.
  • Mike Golic and his wife, Christine, first met while attending Notre Dame and Saint Mary's College, respectively.