Aaron Passman

Some of the year-over-year drop in net income can be attributed to higher-than-normal figures in 2018 and costs associated with opening three new branches in 2019.

The credit union can now serve consumers in two additional counties.

Cybersecurity experts said the trade group's description of the event bears the hallmarks of a ransomware attack, which CUNA subsequently confirmed.

The African-American Credit Union Coalition will recognize three industry leaders, one posthumously, during an event in Washington later this month.

MyCUID, an identity-verification tool launched in early 2018, has a new identity of its own.

The Maine-based credit union also grew membership last year to the point where it now serves nearly 40,000 consumers.

The credit union service organization Member Driven Technologies has a laid-back work environment but works hard to translate its internal culture to employees who may be located hundreds of miles from headquarters.

The credit union service organization Member Driven Technologies has a laid-back environment but works hard to translate its internal culture to employees who may be hundreds of miles from headquarters.

Fewer than 30 CUs in the state would be eligible to make use of the rule, intended to help rural institutions and others attract a more qualified pool of directors and committee members.

Waltham Municipal Employees CU served fewer than 700 members with a total of $8.5 million in assets.

The Kansas City-area institution has sponsored the NFL’s Chiefs since 2016, but became its official banking partner in 2019. The timing couldn’t have been better.

The regulator's most recent prohibitions include multiple charges of fraud, theft and embezzlement.

The expansion comes after a year in which net income at the Nashville-based credit union dropped by more than half amid a rise in delinquencies and charge offs.

CUs now hold four of the 11 spots on the Federal Reserve Bank of San Francisco's Community Depository Institutions Advisory Council.

Consumers are more likely to recommend companies they have a positive social media interaction with, according to a new report.

All three executives began as tellers and have been with the institution for a dozen years or more.

A small number of institutions are beginning to add financial assistance for vocational training into their scholarship offerings, but that only accounts for a fraction of the industry's total giving for secondary education.

Northern Chautauqua FCU, which holds less than $4 million in assets, issued the payout on the heels of a 9.7% increase in earnings.

Larry Fazio, longtime head of the agency’s examinations division, has been promoted to executive director. He will succeed Mark Treichel, who will retire later this year.

Data from the Credit Union National Association indicates the rule has decreased lending and increased costs as institutions work to stay compliant.