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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RANCHO CUCAMONGA, Calif. CO-OP Financial Services announced today that it delivered a shareholder dividend of $30.5 million for fiscal year 2013, a 17% increase from the previous year.
April 14 -
CHARLOTTE, N.C.A trio of employees at State Employees CU here say they are flouting convention with their on-the-job loyalty.
April 11 - Washington
ALEXANDRIA, Va. NCUA's Central Liquidity Facility showed positive performance trends during the first quarter of 2014, with stock dividend rates increasing to 0.25%, the regulator announced Friday.
April 11 -
WASHINGTON The Internal Revenue Service has backed down in its dispute with the credit union community over unrelated business income tax and cleared almost all CU products at stake in related litigation.
April 9 -
WASHINGTON NCUA General Counsel Michael J. McKenna told the House Financial Services Committee Tuesday that 70% of new rules put in place by the agency since last January have provided regulatory relief to credit unions without incurring additional costs.
April 8 -
POUGHKEEPSIE, N.Y. Matteawan FCU has merged with Hudson Valley FCU, the two credit unions announced Tuesday.
April 2 -
OSHKOSH, Wis. A trio of Wisconsin credit unions have decided to merge a rare event in itself, made all the more unusual in that none of the three are struggling.
April 2 -
SUITLAND, Md. Andrews FCU here has completed a core conversion to Symitar's Episys core system.
April 1 -
Already a major card issuer in the military market, Navy Federal Credit Union is working to expand its merchant services business through new agreements with Square and TSYS.
April 1 - Virginia
ALEXANDRIA, Va. NCUA issued its prohibition orders for the month of March on Monday, this time barring only one person from participating in the affairs of any federally insured financial institution.
March 31 -
MADISON, Wis. A recent trip to Brazil organized by the World Council of Credit Unions exposed a dozen American CU professionals to Brazil's credit union system, but it may also be the last trip of its type for some time to come.
March 27 - Wisconsin
MADISON, Wis. The National CU Foundation hopes credit union employees will "dress down" to support financial education initiatives next month.
March 26 -
VIENNA, Va. Mobile payments provider Square could get a big boost from the nation's biggest credit union.
March 25 -
LAKE MARY, Fla. CFE FCU has selected Symitar's Episys system as its new core processing solution, replacing a system it had used for more than 30 years.
March 25 -
NCUA, along with five other federal agencies, Monday released a proposed rule around implementing minimum requirements for state registration and supervision of appraisal management companies (AMCs) that serve as intermediaries between appraisers and lenders.
March 25 -
BILOXI, Miss. The Mississippi Department of Transportation (MDOT) FCU here is set to merge with Keesler FCU at the end of March.
March 24 -
ALEXANDRIA, Va. Total projected assessments from the NCUA's Temporary Corporate Credit Union Stabilization Fund dropped by $2.2 billion during the second half of 2013, the regulator announced Tuesday, adding it was "hopeful" that no future CU assessments would be necessary.
March 18 -
HAUPPAUGE, N.Y. Many credit unions are missing out on auto lending opportunities because they're not engaging with their members early enough in the car-buying process.
March 14 - Idaho
BOISE The Idaho CU League has announced that Kathy Thomson will continue on as president and CEO, removing the "interim" from that title and making her the first female in the top spot since the league's founding.
March 12 -
One of the biggest opportunities in the auto market right now may not be in sales.
March 12
