Aaron Passman

The $282 million-asset institution's new name is intended to build on its work with underserved communities around St. Louis.

The Credit Union Cherry Blossom Run, the industry's biggest annual philanthropic event, saw a nearly 10% increase in giving this year despite being canceled.

It's unlikely that lawmakers will pass new coronavirus-related legislation before Congress leaves for its October recess.

Federal credit unions still account for more than 60% of active institutions, but their share of total assets continues to shrink.

A new program will provide tuition-free schooling opportunities for those who stayed on the job during the state's lockdown earlier this year.

A trio of small credit unions designated as minority depository institutions have been matched with larger institutions to improve outreach to low-income and underserved consumers.

The pandemic and economic downturn upended most institutions' advertising plans for the year, and many credit unions have had to adjust not only their messaging but also the loan products they are promoting.

The industry saw small gains in many loan categories during the second quarter, but credit cards declined. A new study from WalletHub shows the biggest quarterly drop in credit card balances in over 30 years.

In congressional testimony, the director of the credit union regulator's Office of Minority and Women Inclusion outlined steps the agency is taking to increase diversity at the agency.

Thanks to a donation from the Credit Union Federation of Korea, the global trade group is working with international partners to distribute personal protective equipment to institutions in need.