Aaron Passman

Alabama Rural Electric Credit Union will merge into Alabama One later this year, creating a combined institution with a reach across 57 counties.

CUs in the Eastern European nation don’t offer online financial services, meaning a predominantly older membership base could be at increased risk for contracting COVID-19.

The regulator formally announced the 60-day delay on Monday after tweeting about it over the weekend.

Northern Paper Mill Credit Union will merge with Fox Communities CU but no date has been given for when the deal might take effect.

The pandemic has the industry rethinking its hiring practices, such as how to onboard employees while limiting in-person interactions, and deciding which roles need to be filled immediately.

The Somerville, Mass.-based credit union appointed its VP of lending to serve as temporary CEO following the departure of its longtime leader for another institution.

Credit unions serving university communities got an early taste of life during the pandemic when classes moved online and campuses cleared out.

With schools across South Carolina closed until the end of April, the credit union is offering a perk for parents who can't do their jobs remotely.

While loans continued to increase, growth was slower than one year previously and membership was flat.

A new study finds that along with fears about employment, nearly half of those who have savings or an emergency fund are dipping into their reserves as a result of the coronavirus.

The annual event is one of the industry's most high-profile sponsorships and is a major fundraiser for Children's Miracle Network Hospitals.

Ball State FCU has announced plans to merge into Financial Center First CU following losses tied to high charge-offs, particularly in the used car area.

Institutions across the country are restricting entrance to their facilities to help curb the spread of COVID-19 but profitability issues could crop up if the pandemic drags on.

Some institutions may rethink their sponsorship deals with professional sports teams now that several leagues have suspended their seasons because of the pandemic.

The NACUSO annual gathering and a new event focused on cannabis banking for the industry have both been shuttered.

Automated and interactive teller machines aren’t germ-free in the best of times, and the pandemic has raised new concerns about the possibility of those devices infecting consumers and staff.

At least seven states have suspended K-12 classes, meaning many CUs with student-run branches won’t be able to operate those facilities as educational tools during that time. More industry events have also been called off.

More than six industry events have been cancelled or put on hold in five days, with more likely to follow.

The National Association of State Credit Union Supervisors expects to hold the conference later this year but a specific date has not yet been set.

The annual CULytics conference on the Microsoft campus outside Seattle is the second industry event to be postponed in less than a week.