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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ALEXANDRIA, Va. NCUA has filed another suit against one of the major Wall Street banks in relation to the failed corporate credit unions.
March 23 -
In the last five years, a growing number of CUs have dropped the words "credit union" (or "federal credit union") from their names or do business in a manner that downplays their credit union status.
March 20 -
DUBLIN, Ireland Proving that "merger mania" isn't just a phenomenon at U.S. credit unions, over 25% of Irish CUs are engaged in some form of merger discussions.
March 19 -
BOULDER, Colo. Two credit unions here plan to come together in a "merger of equals."
March 19 -
DES MOINESThe Ohio and California/Nevada CU Leagues have purchased minority equity stakes in PolicyWorks, a compliance consulting firm owned by the Iowa CU League.
March 18 - California
RANCHO CUCAMONGA, Calif. The CO-OP THINK Prize is getting a makeover this year.
March 18 -
ALEXANDRIA, Va. NCUA's Corporate Resolution Program continues to run in the negative range, making it unlikely that the regulator will charge future assessments to credit unions for the Stabilization Fund.
March 17 - Virginia
ALEXANDRIA, Va. NCUA is concerned consumers may fall victim to a new phishing scam that mimics the regulator's name and website.
March 17 - Indiana
INDIANAPOLIS A leadership-development program at Financial Center First CU here has gone through some tweaks and is being expanded as a result of the success the CU has seen in the program's first dew years.
March 16 -
NCUA's Temporary Corporate CU Stabilization Fund has received its sixth consecutive clean audit, the regulator said today, but this time with a change-this was the first year the fund saw a net positive position.
March 16 -
ALEXANDRIA, Va. Despite a slight slowdown in membership growth, credit unions saw median loan growth of 3.8% in 2014, with delinquencies holding steady and asset growth also on the rise, according to new data released Thursday by NCUA.
March 12 -
UTICA, Mich. The recent hacking of a Montana credit union provides a stark lesson for CUs across the nation about the security of their web sites namely that they aren't as secure as executives think.
March 12 - Illinois
LAKE BLUFF, Ill. Total overdraft revenue for 2014 slipped by 0.31% to $31.8 billion (down from $31.9 billion in 2013), but credit unions were near the forefront of that slide with a 3.9% decline the first ever for CUs.
March 12 -
ANACONDA, Mont. Visitors to Southwest Montana Community FCU's web site over the weekend got a disturbing welcome a black screen bearing an ISIS logo and the words "Hacked By Islamic State (ISIS)."
March 10 -
WASHINGTON A group of representatives from across the credit union spectrum has banded together as Credit Union Voices and will be hosting a booth at CUNA's GAC here next week allowing guests to comment on and submit letters regarding NCUA's revised risk-based capital proposal.
March 6 -
ALEXANDRIA, Va. NCUA's Office of the Inspector General has given the regulator a pass on its handling of the data breach last fall caused by examiner error.
March 6 - Iowa
DES MOINES For the Iowa Credit Union League, it all comes down to alignment.
March 6 -
WASHINGTONCUNA has filed an amicus brief in a Florida lawsuit the trade group believes could drive credit unions right out of the credit card business.
March 5 -
WASHINGTON CUNA SVP and deputy general counsel Mary Dunn is set to leave the trade group in April.
March 5 -
The 10th Circuit Court of Appeals today revived the National Credit Union Administration's suit against Barclays Capital that claims the bank misrepresented more than $555 in mortgage-backed securities that led to the failure of two corporate credit unions.
March 3


