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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MARLBOROUGH, Mass. CUNA EVP Paul Gentile is set to take the helm of the Massachusetts CU League in January.
November 22 -
DENTON, Texas DATCU here has promoted Glen McKenzie to the role of president, following a move by the CU's board to split the title of president and CEO. Dale Kimble is set to remain as DATCU's CEO.
November 21 -
MADISON, Wis. According to one analyst, the CFPB's new "Know Before You Owe" rule combining TILA and RESPA disclosures "is one of the largest and most impactful regulatory changes [credit unions] have probably ever seen."
November 21 -
TEMPLE, Texas Texell CU announced that it now offers insurance services through its affiliate Texell Financial LLC.
November 19 -
ROCHESTER, N.Y. Ukrainian FCU here has paid a special anniversary bonus dividend to members in celebration of its 60th anniversary.
November 19 -
CHICAGO Great Lakes CU has become the first credit union in the nation to receive certification from AskPatty.com as a Certified Female Friendly business.
November 18 -
NORTH CHARLESTON, S.C. One CU is touting the benefits of going paperless-not just for members, but for the board.
November 10 -
ORLANDO With margins stretched and lending still struggling to grow, credit unions need all the non-interest income they can get these days, and insurance may represent the greatest opportunity for CUs to find that revenue.
November 10 -
EAST WINDSOR, Conn. Though some credit unions may not be thinking about insurance, the major insurance companies are definitely thinking about those basic PFI services credit unions offer, and may be poised to swoop in and steal that business.
November 10 -
ORLANDO With margins stretched and lending still struggling to grow, credit unions need all the non-interest income they can get these days, and insurance may represent the greatest opportunity to find that revenue.
November 8 -
JACKSON, Mich.The undead are breathing new life into auto lending at Michigan Community CU.
October 28 -
JACKSON, Mich.The undead are breathing new life into auto lending at Michigan Community CU here.
October 23 -
CHANTILLY, Va. The government shutdown may be over, but Justice FCU executives say the slow process of re-starting the government and getting payroll going again means that federal employees will be feeling the impact for a while longer.
October 16 -
MADISON, Wis.-Credit unions are advised to keep an eye on PayPal, because while it's not currently a threat to credit unions, it could be soon.
October 14 -
CLINTON TOWNSHIP, Mich.-A Fresh Start Loan from Central Macomb Community CU is designed to help members rebuild their credit.
October 14 -
ARLINGTON, Va.-Microsoft's discontinuation of service for its Windows XP operating system could cause security and compliance risks for credit unions.
October 14 -
WASHINGTONU.S. consumer credit rose by 5.5% ($13.6 billion) in August for a total of $3 trillion borrowed during that month including nearly $260 billion borrowed from credit unionsan increase of $3.4 billion over July, according to a report released yesterday by the Federal Reserve.
October 8 -
ARLINGTON, Va.--The Federal Financial Examination Council (FFIEC) is warning FIs that Microsoft Windows will discontinue support for its Windows XP operating system next year--a move that could have an adverse effect on institutions still relying on XP.
October 7 -
Credit unions should be offering more insurance and investment services and need to do a better job making members aware of these offerings.
October 7 -
More than 9,000 "visitors" attended CUNA's "Don't Tax My Credit Union," campaign. The association held a "virtual rally" online last week to highlight the importance of the tax exemption.
October 7