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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What began as an ATM cleaning and maintenance operation at CFE FCU has evolved into a compliance and loss-prevention strategy that has earned the CU a Best Practices Award from Credit Union Journal.
November 23 -
Spire FCU has found a way to lift attendance at its annual meeting from 150 people to more than 1,000.
November 23 -
Brewery CU has shifted its efforts from serving the Brewery Workers Union to finding creative ways to bring financial services to poor and underbanked communities, earning it a Best Practices award from Credit Union Journal.
November 21 -
Spotting a need in its market for a no closing cost mortgage, Associated CU here launched its own, netting nearly 300 loans, more than 85% of which were new to the CU.
November 21 -
GFA FCU has seen increased efficiencies and savings of more than $54,000 since shifting to a “Lean” culture.
November 21 -
As credit unions in the northeastern U.S. work to rebuild their own As credit unions in the northeastern U.S. work to rebuild their own operations while also helping members in the wake of Hurricane Sandy, at least one league CEO said that moving forward there needs to be a better way for credit unions to join forces and access business continuity services more affordably.
November 16 -
CUNA Mutual Group is reporting that 66 CUs in nine states were damaged by Hurricane Sandy, and Media Relations Manager Phil Tschudy said that while a few more damage reports may trickle in, they are likely to be of a minor nature.
November 16 -
Damage to Aspire FCU here from Superstorm Sandy was minimal, but there are plenty of changes to be made now that the recovery phase has begun.
November 16 -
McGraw-Hill FCU here now offers a money-management account that it says pays 16 times the national average APY. More than 1,700 of the accounts have already been opened.
November 16 -
The Kansas CU Association is preparing to embark on a lengthy branding campaign.
November 16 -
After 10 days without power, employees at Public Service FCU here are getting tired of working in the cold and the dark, and warming their hands from the heat of desk lamps.
November 10 -
NuMark CU was a big booster of Bank Transfer Day, and one year later membership has increased by more than 7%, nearly double the previous year’s gains.
November 9 -
Affinity Plus FCU was already several months into a “Ditch Your Bank” campaign when Bank Transfer Day hit, and the event helped augment what was already robust growth.
November 9 -
After doing “a pretty big blitz” on Bank Transfer Day the first time around, 66 FCU here is hoping for a repeat performance this November.
November 9 -
Kristen Christian, the founder of Bank Transfer Day, says that her life is "barely recognizable" compared to a year ago.
October 29 -
One year after Bank Transfer Day, assets and loans continue to rise at First Capital FCU, and one person says he believes the consumer migration isn't over yet.
October 29 -
Tower FCU has used an employee event to introduce its mobile banking offerings to employees, and that in turn has translated to high mobile adoption rates among members.
October 29 -
With some 760,000 members, BECU is nearing 10% penetration with its mobile solution, and Howie Wu, VP of virtual banking believes mobile continues to be a point where CUs can differentiate themselves.
October 22 -
The U.S. economic picture is gradually improving, but CUs must make their own recovery by finding clever ways to boost loans, as the nation's financial fortunes could still dip again.
October 22 -
A new study from the Filene Research Institute indicates that SaveUp-a financial education and savings rewards program piloted by several CUs earlier this year-has raised financial awareness and helped participating institutions deepen relationships with members.
October 22
