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 Maine-based credit union's president has retired after 30 years at the institution.
January 22 -
The Delray Beach-based institution will change its name later this year to better reflect the communities it serves and its growth beyond serving just IBM staff.
January 22 -
For the second time in six months, Birmingham Bloomfield CU is absorbing another nearby credit union that will operate as "a part of" BBCU.
January 22 - Banking brands
Todd Hall takes the helm as president and CEO amid one of the credit union's biggest challenges in years: an ongoing lawsuit against Truist Financial.
January 21 -
Justin Olson will take the helm from CEO Jim Lumpkin, who led the $90 billion-asset USAgencies for more than two decades.
January 17 -
Fears that the New York banking giant’s consumer lending product could cut into a key credit union market appear to have been overblown.
By Kevin WackJanuary 17 -
The Colorado Banking Board may be the first regulator to ever block a credit union-bank merger.
January 16 -
Colorado's State Banking Board voted 6-1 to stop Elevations Credit Union from buying Cache Bank & Trust. This is believed to be the first time regulators have blocked such a deal.
January 16 -
In partnership with state leagues, the credit union trade group is committing to $7 million in campaign contributions for the upcoming presidential and congressional contest.
January 16 -
Dennis Hanson, the credit union’s longest-serving chief executive, has announced his plans to retire. A new leader will take the helm in April.
January 16 -
The credit union has returned payouts of $5 million or more for each of the last eight years and has issued a dividend of some sort every year since the mid-1990s.
January 15 -
The Bay State is the latest to push its lawmakers to modernize how CUs do business in order to help state charters remain competitive with federal charters.
January 15 -
The Utah-based credit union has extended and added to a partnership deal with Real Salt Lake. Many CUs have aligned with MLS teams as a cheaper alternative to larger leagues like the NFL.
January 15 -
A shrinking industry and inadequate succession planning – particularly at smaller credit unions – is likely to increase competition for top talent and make executive recruitment even more challenging in the year ahead.
January 15 -
The Colorado Bankers Association claims that state law bars Elevations Credit Union from buying Cache Bank & Trust.
January 14 -
The Colorado Bankers Association says Elevations Credit Union's purchase of Cache Bank & Trust doesn't comply with state statutes.
January 14 -
The latest dividend brings the credit union's member returns to more than $32 million in 23 years.
January 13 -
A MagnifyMoney report shows an overwhelming majority of consumers regret not investing sooner, a sign that credit unions could deepen relationships by upping their wealth management options for members.
January 13 -
President Trump's impeachment trial could get underway in the Senate this week, making it even harder for the movement's legislative priorities to gain traction.
January 13 -
The institution formerly known as School Employees Loraine County Credit Union launched its new name on Jan. 2.
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