Membership Matters

One of Sacred Heart University's most visible athletic venues will soon bear the name Sikorsky Credit Union Field, reflecting a multi-year naming rights agreement between the University and the Fairfield County-based financial institution.Campus Field, the sports facility that sits at the top of the Park Avenue Campus, will now be known as Sikorsky Credit Union Field. SHU football, men’s and women

New Report examines how digital money is reshaping payments, deposits and the strategic role of credit unionsWorld Council of Credit Unions (WOCCU) has released a new white paper examining how stablecoins are reshaping the financial infrastructure that credit unions and other cooperative financial institutions rely on to serve their members.The white paper, How Digital Money Is Impacting Credit Un

Sikorsky Credit Union is proud to announce we have once again been named the #1 Credit Union in Connecticut on the Forbes list of America's Best-In-State Credit Unions 2026 - our seventh consecutive year earning the state's top ranking.As other institutions move up, down, or out of the rankings, Sikorsky Credit Union has consistently held the #1 spot in Connecticut, reflecting our unwavering commi

Nominations are now open for the 2026 Momentum Awards, Connecticut’s Credit Unions’ refreshed awards program celebrating the people, credit unions, campaigns, and member stories that are pushing the Connecticut credit union movement forward.Each year, Connecticut’s Credit Unions is proud to recognize outstanding accomplishments by credit union management, staff, volunteers, and credit unions that

At Credit Unions Building Financial Independence (CUBFI), the charitable foundation of Connecticut’s Credit Unions, we maximize the impact of your donations by investing in the people who strengthen and advance the credit union movement. One way we do this is by supporting leadership development through the National Credit Union Foundation’s Development Education (DE) Program. Each year, CUBFI pro

Conducted in partnership with Visa, the study highlights how credit unions can better attract, serve and retain small- and medium-sized businesses (SMBs).Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, announced today the release of its sixth annual Credit Union Growth Outlook. This year’s study reveals a sig

Charter Oak Federal Credit Union is delighted to announce that Kristin Zummo has been appointed as the organization’s new Chief Operating Officer and Holly DePerry as the new Chief Lending Officer, following the recent retirements of several executives including John Dolan, Laurie Cormier, and Jeanne Mikula.“We are excited to welcome Kristin and Holly into these key leadership roles,” said Craig J

Chuck Fagan to Continue as CEO Until Retirement at End of Company’s Fiscal YearVelera, a strong partner of Connecticut's Credit Unions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, today announced that Brian Caldarelli has been appointed president and will oversee the company’s day-to-day operations. Charles E. (“

How credit union leaders can protect members by changing mindset, culture and toolsAuthor: Holly Speczenksi, Risk Consultant, Risk & Compliance Solutions, TruStageI spend a lot of time talking with credit unions about risk, and one issue keeps coming up: member-targeted fraud. It touches nearly every institution, regardless of size, geography or field of membership. Fraud no longer starts with sys

Charter Oak Federal Credit Union hosted a reception on Thursday, May 28th, to award $100,000 in scholarships to 50 deserving high school and college students from New London and Windham counties.These students were selected by a committee that reviewed more than 170 applications to Charter Oak’s 2026 Community Giving Scholarship Program. Applicants were required to submit a detailed essay demonstr

Credit unions exist to serve a greater purpose by supporting their members and strengthening the communities they call home. As a not-for-profit financial institution, Riverbank Federal Credit Union is committed to putting people first. That focus remains at the core of everything we do. We strive to meet the evolving needs of both current and future members while staying grounded in the values of

The Tobacco Valley Teachers Federal Credit Union’s (TVTFCU) Manager and Chief Executive Officer (CEO) Lori Triba has announced her retirement which will be later this month.Lori began her career with TVTFCU in 1992 as a Member Service Representative, then in 1996 became the Loan Officer and later the Mortgage Loan Officer. In 2004 she moved into the role of Assistant Manager and in 2017 she was pr

UBI Federal Credit Union is proud to announce the opening of its newest  branch location, the UBI Student Financial Center, to be located inside Plainville High School.  This innovative branch underscores UBI’s commitment to financial education, community partnership, and empowering the next generation with real-world money management skills.The UBI Student Financial Center will provide students w

UBI Federal Credit Union is proud to continue its long-standing commitment to supporting education through its annual scholarship program. This year, UBI once again awarded two $1,000 scholarships to deserving students pursuing higher education through the Peter F. Smith Scholarship and the Kathy Brown Scholarship.The Peter F. Smith Scholarship recognizes the importance of educational opportunity

Every child who learns to love reading before first grade opens a door to confidence, imagination, and a lifetime of learning.While reading may be fundamental, it’s not always accessible. The Team at UBI Federal Credit Union wanted to help create a greater resource for area kindergarteners by donating the Natasha Wing book “The Night Before First Grade” book to every kindergartener in Plainville a

Fraud targeting older adults continues to rise at an alarming rate, placing vulnerable individuals at greater financial risk. As trusted financial partners, credit unions are often the first line of defense in identifying and preventing these crimes.To support this critical role, the League System is proud to introduce the Elder Exploitation Prevention Toolkit—the second in a series of five member

Credit unions are under increasing pressure to do more with less. From fluctuating loan demand to ongoing staffing shortages, today’s lending environment is anything but predictable. To stay competitive, many institutions are rethinking how they operate and turning to outsourcing as a strategic solution. The growing strain on credit union lending teamsStaffing challenges continue to be one of the

Author: Corrin Maier, Vice President, Lending Business, TruStageThe financial fragility of the modern borrowerThe 2026 lending environment is not defined by a single shock. It's defined by compounding pressure.Auto loan defaults have nearly doubled since 2020, and credit unions are seeing something that would have been unthinkable a few years ago: members walking into branches to voluntarily turn

Melanie Strileckis Appointed Next President and CEO; Wendy Tariff to Retire After Transformative TenurePhoto: Melanie StrileckisPolice Credit Union of Connecticut (PCUCT) today announced that Melanie Strileckis has been appointed as the Credit Union’s next President and CEO, following the retirement of current President and CEO Wendy Tariff, who will retire on May 15, 2026.Tariff has served as Pre

Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, today announced an expansion of its Buy Now, Pay Later (BNPL) capabilities, enabling credit unions to offer flexible installment options through two integrated solutions: Debit Flex Payments for debit purchases and Apple Pay’s Pay with Installments for credit tr