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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A new study reveals the pace of credit unions failures and closures has gone down since the beginning of 2014, and the report's author says it's a sign of a healthier CU industry.
April 10 -
BOULDER, Colo. State and federal regulators have granted approval for two Boulder-area credit unions to take part in a "merger of equals."
April 8 -
WATFORD CITY, N.D. Several years into the oil boom in Western North Dakota, two credit unions say that for all the growth they've seen, there's no escaping a very real people problem.
April 8 -
LANSING, Mich. Patrick McPharlin, the longtime CEO of Michigan State University FCU who retired from the credit union last month, is set to become the new director of Michigan's Department of Insurance and Financial Services.
April 7 - New Hampshire
MANCHESTER, N.H. St. Mary's Bank, the nation's first credit union, is offering first-time home-buyers assistance with down payments and closing costs.
April 7 -
NORTHRIDGE, Calif. CU Business Partners has rebranded as Extensia Financial, the CUSO announced.
April 7 - Virginia
ALEXANDRIA, Va. NCUA has revised its supervisory policies in order to ease the secondary capital process for low-income credit unions and investors.
April 6 - Wisconsin
MADISON, Wis A new study from the Filene Research Institute examines the relationship between CU lending and how restrictive loan officers' undergarments are.
April 1 - Virginia
ALEXANDRIA, Va. NCUA is touting a 49% increase in its total dollars awarded to minority- and women-owned businesses during 2014, but the agency's workforce diversity levels continue to decline.
April 1 -
WASHINGTONMary Hughes, a former officer and director with the National Association of State Credit Union Supervisors is among those included in the latest round of appointments and reappointments to the State Liaison Council at the Federal Financial Institutions Examination Council.
April 1 -
ALEXANDRIA, Va. NCUA's latest round of prohibition orders bans seven people from taking part in the affairs of any federally insured financial institution, including three former employees of Cleveland's Taupa Lithuanian CU.
March 31 -
A new forecast from NCUA says the economic outlook for 2015 is solid, but rising unemployment in oil-producing regions are making that forecast slightly less sunny than it was a few months ago.
March 31 -
TOTOWA, N.J. At least one New Jersey credit union is dealing with fraudulent checks presented to title companies for large dollar amounts.
March 30 -
DENVER A credit union chartered to serve the legal marijuana industry here remains in a holding pattern nearly four months after it was slated to open, with seemingly no opening date in site.
March 30 - New York
NEW YORK A Columbia University review of financial statements at merchants like Sony, Target and Home Depot reveals that merchants barely notice the financial hit they take as the result of data breaches.
March 30 -
MOLINE, Ill. DHCU is changing its name to Vibrant CU.
March 27 - Iowa
WATERLOO, Iowa Monte Berg, SVP of finance at Veridian CU here is set to become the next CEO at the credit union.
March 26 - Virginia
ALEXANDRIA, Va. NCUA is warning consumers about a new scam that mimics the agency's telephone number.
March 25 -
OSHKOSH, Wis.Verve, a Credit Union, is set to merge with Two Rivers Community CU toward the end of 2015Verve's fourth merger in two years.
March 25 - Washington
SEATAC, Wash. and TALLAHASSEE, Fla. A new state credit union league partnership could provide better HR solutions for CUs everywhere, and it's all because one league staffer wanted to relocate.
March 24
