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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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 -
Lawmakers this week will continue to discuss extending the Paycheck Protection Program, and the National Credit Union Administration is scheduled to hold its monthly board meeting.
March 15 -
The nation's second-largest credit union is thanking all full-time employees for their work since COVID hit. But even as vaccinations ramp up, remote work will be the norm for several more months.
March 12 -
A longtime fixture in the industry, Teresa Freeborn succeeds GWLN founder Susan Mitchell as chair of the group.
March 11 -
Juan Fernandez Ceballos will take the helm at the state league following Paul Stull’s retirement this summer.
March 11 -
The social media platform skews toward a more youthful demographic, while credit unions' average member age has been stuck in the late 40s for decades. But even institutions that use it have concerns about security.
March 11
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