Aaron Passman is editor of Credit Union Journal, the nation’s leading credit union news resource. He was appointed editor in 2018 after two years as an assistant editor at CUJ and nearly five years as a reporter there. He has worked as a staff writer or freelancer for a variety of publications across the country and is a graduate of the University of Kansas.
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Industry giving is likely to decline in the wake of the pandemic, but it could force the movement to update its giving platforms.
May 7 -
TruStone Financial and Firefly Credit Union have announced plans to merge, pending regulatory approval and charter changes.
May 5 -
The $468 million-asset institution said expansion isn't required now but the move is a proactive attempt to ensure its long-term viability.
May 4 -
Credit unions moved quickly to reduce branch access as the coronavirus crisis worsened. The harder decision will be when and how to begin lifting those restrictions.
May 4 -
The integration of Habersham Federal Credit Union into HALLCO Community Credit Union is expected to take several months.
May 1 -
The company’s latest Credit Union Trends Report predicts that membership and lending will stall as job losses rise and consumer demand for loans dries up.
April 29 -
N.W. Iowa CU has agreed to merge into Siouxland FCU, citing rising technology costs and an increasingly complex compliance environment.
April 29 -
The credit union regulator is making $125,000 in funding available for small, low-income lenders designated as minority depository institutions.
April 28 -
Plans to update agency branding and other materials are on hold as the credit union regulator focuses on its response to the coronavirus.
April 24 -
Bank trade groups from all 50 states have called on Congress not to lift restrictions on member business lending under the guise of aiding with coronavirus relief efforts.
April 23