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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With lawmakers reportedly looking into NCUA’s $1 billion legal bill, some members of the NCUA board behind that arrangement say they’re unsure what exactly legislators are hoping to accomplish.
August 7 -
Republican members of Congress are pressing the regulator for details on the high attorney's fees it has incurred in its quest to recover losses from the corporate credit union collapse.
August 2 -
The auto-lending vendor’s growth comes as car loans continue to be a major growth area for credit unions, according to recent data.
August 2 -
Lakes Area FCU is merging into Members Cooperative CU following heavy losses over the last 18 months.
August 1 -
The merger, announced in early June, brings the credit union's total assets to $1.09 billion.
August 1 -
Various departments will be realigned or consolidated and staff will shrink by attrition in the agency’s first large-scale restructuring since 2003.
July 21 -
Hubert Hoosman, Jr. led Vantage for 19 years before retiring in 2012, including earning a Herb Wegner award for individual achievement.
July 12 -
Some credit union advocates are praising the Consumer Financial Protection Bureau for a move that exempts select institutions from certain reporting requirements, but other say the bureau must still do more.
July 11 -
Marshall has managed the young professional mentorship program since 2012, helping earn it a Herb Wegner award. Culp takes the reins having participated in the group's "Crash the GAC" and Filene's i3 program.
July 11 -
National Credit Union Administration Chairman J. Mark McWatters said dropping Consumer Financial Protection Bureau oversight of credit unions would free up CFPB resources.
July 6