Aaron Passman

ALEXANDRIA, Va. -- Credit unions finished 2013 with some strong gains, but also saw some slipping in important metrics such as return on average assets and share growth.

NCUA has granted a charter expansion to Nymeo FCU here, allowing it to expand its services to the community throughout Frederick.

ALEXANDRIA, Va.— Loans, membership and net worth at federally insured credit unions continued to rise during the last quarter of 2013, but net interest margins remain on the decline, according to fourth quarter data released Monday by NCUA.

ARLINGTON, Va. — With the Consumer Financial Protection Bureau set to look into debt-collection practices, NAFCU issued a letter Friday urging the bureau to distinguish between credit unions collecting debts on their own behalf and third-party debt collectors.

ALEXANDRIA, Va. -- NCUA issued four prohibition orders Friday, banning the following people from participating in the business of any federally insured financial institution.

LIBERTY LAKE, Wash. -- Spokane Teachers CU has promoted multiple vice-presidents to C-suite positions as part of its succession planning strategy, along with broader efforts to diversify the responsibilities of upper-management employees.

WOODBURY, Minn. -- Postal CU here has returned more than $524,000 to its members, 16% of its 2013 earnings.

ALEXANDRIA, Va. -- NCUA has released Rapid City Telco FCU from a cease and desist order originally issued Feb. 25, 2010.

ARLINGTON, Va. -- NASCUS President and CEO Mary Martha Fortney has announced her retirement after 21 years with the trade association representing state regulators, including 11 years at the helm.

SAN ANTONIO -- Reflecting on a career in credit unions, Tim Haegelin says he became involved in the movement because "I guess I'm one of these types of people that wants to save the world, and I got a little bit frustrated until someone told me, 'You can do that, but you have to do it one person at a time.'"

RUTLAND, Vt. -- Ron Hance, longtime president and CEO at Heritage Family CU, has announced he plans to retire, though a departure date will not be determined until later this year.

Despite record loan originations in 2013, vehicle lending volumes not seen since the turn of the century and a continued surge of new members, the big picture isn't entirely rosy for the nation's credit unions.

AUSTIN, Texas -- Space City CU here is giving Craigslist a run for its money with a new, free online auto marketplace for members.

A new study from GoBankingRates reveals the No. 1 feature consumers look for in a bank or credit union is low or no fees.

Personal Care America FCU has completed its merger with Farrel Employees FCU, resulting in a combined CU with more than $20 million in assets.

NEW YORK -- Small business loan approvals at credit unions continued to fall during January, while the approval rates at banks of all sizes continues to rise.

RALEIGH -- State Employees CU here is touting having saved members more than $200,000 in NSF fees as a result of its "Another Chance" program during a recent winter storm.

SMITHFIELD, R.I. -- Assets at Navigant CU here grew by more than 10% during 2013, and the credit union celebrated by returning to members a 2% dividend for interest on accounts -- the 25th consecutive year Navigant members have seen such a payout.

NAPERVILLE, Ill. -- The Illinois CU League has announced that Sean Hession will succeed the league's current president and CEO Dan Plauda.

LAKE BLUFF, Ill. -- Free checking was always a misnomer for financial institutions, but now big banks are increasing their pullback from this one time "loss leader," according to a new study.