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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Cape Breton CU was created as a result of two CUs joining forces. The new institution currently serves approximately 5,800 members.
January 5 -
Willard will replace retiring CEO Dick Ensweiler, who has more than 50 years of experience in the credit union movement.
January 5 -
CUNA and NAFCU are pushing for massive changes to the Consumer Financial Protection Bureau in 2017, along with reg reform and protecting recent changes to NCUA rules that seek to expand how credit unions do business.
January 3 -
Los Angeles-based Water & Power Community CU has named Barry Roach as its new president and CEO, replacing longtime leader Carl Stewart.
December 23 -
The two institutions will officially join forces on Jan.1, 2017, though full integration of accounts, products and services is not expected to be completed until May.
December 22 -
The Florida-based credit unions new $12 minimum hourly wage will be nearly 50% higher than the state-mandated $8.10 per hour, and puts it in line with a growing number of credit unions that are bringing their pay structures closer to living-wage levels.
December 21 -
A tweak to the trade associations full name will indicate its focus on all federally insured credit unions instead of just federal charters.
December 19 -
Several cabinet-level or advisory positions in the Trump administration have gone to executives with ties to Wall Street and for-profit banking, and observers offered a mixed forecast on how that might impact credit unions.
December 16 -
NCUA data analyzed by NASCUS shows state-chartered CUs now hold nearly 50% of all industry assets and are growing at a faster pace than FCUs, but there is little difference between the two charters when it comes to many key performance metrics.
December 9 -
Sandia Laboratory FCU in Albuquerque has returned at $10 million special dividend to members as a way to thank them for their continued support of the credit union.
December 6
