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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The Independent Community Bankers of America asked lawmakers to investigate credit unions' M&A activity after VyStar announced what would be the biggest purchase of a bank by a credit union.
April 2 -
Alan Kaufman, who will be sentenced in June, faces up to 60 years in prison.
April 1 -
Harper is only the third member of the National Credit Union Administration board to chair the council. Blake Paulson, acting comptroller of the currency, has been appointed vice chairman.
April 1 -
The $6.4 million-asset institution was placed in conservatorship in January and is the first credit union to be liquidated this year.
March 31 -
Stephanie Sherrodd, who has led the Texas credit union since 2012, will leave at the end of April to pursue other opportunities.
March 31 -
Jordan Summers, formerly the Detroit bank's chief fiduciary officer, succeeds Robert Sajdak as CEO. Sajdak recently retired after leading Credit Union Trust since its 2018 launch.
March 31 -
United Neighbors Federal Credit Union holds just $4.4 million of assets, but the addition will help broaden SeaComm's branch network and expand its member base.
March 31 -
John Janclaes spent more than 15 years at Partners Federal Credit Union but has moved on to help launch a new credit union service organization from Nymbus.
March 30 -
The Texas-based institution is the third credit union to be taken over by regulators this year.
March 26 -
The 30-day extension comes after the American Bankers Association requested additional time to consider the rule's impact.
March 26 -
The Colorado credit union has pledged to match at least $50,000 in donations to a local foundation assisting with the community's recovery following a mass shooting at a grocery store that left 10 people dead.
March 26 -
The Dunedin, Fla.-based institution reported an 18.8% surge in assets last year, along with substantial growth in commercial lending, thanks in part to the Paycheck Protection Program.
March 25 -
David Murphy, the credit union's vice president of risk and finance, will succeed Carol Adler, who is retiring.
March 24 -
Twelve months after the public health emergency began, executives say it forced them to reexamine where employees work, retail strategies, office layouts and more.
March 22 -
Several organizations serving the industry are speaking out following a series of murders in Atlanta.
March 19 -
Jay Murray has spent 30 years with the corporate credit union but plans to leave in June to spend more time with family.
March 19 -
A new report from the regulator shows slower growth in membership and lending, as well as a decline in the number of credit unions reporting profits.
March 18 -
Seven years after regulators issued guidance to financial institutions, a small Michigan credit union was ordered to stop opening new accounts for marijuana businesses.
March 16 -
The proposed legislation is similar to a package put forward in 2020 and another introduced in the House in 2019.
March 16 -
The new group is made up of leaders from institutions with assets of $300 million or less and aims to help foster collaboration, mentorship opportunities and more.
March 15
