Frank Gargano

Community lenders may choose to stop serving small businesses rather than absorb the expense of collecting information on race and ethnicity under a proposal by the Consumer Financial Protection Bureau.

Karen Church, who became chief executive in 1993, will step down on Feb. 25.

The credit union plans to expand its suite of trust and estate services available to members.

Brian Waldron, who joins from Hudson Valley Federal Credit Union in Poughkeepsie, New York, will succeed Vicki Hawkins, who is retiring.

Employees at Genesee Co-Op Federal Credit Union in New York and Beneficial State Bank in California formed unions in the past year to bargain for better wages and reform their corporate cultures. Will workers at other community institutions follow their lead?

Lisa Schlehuber, who has led the Indianapolis credit union since her appointment as chief executive in 2005, will step down on April 15.

The board of directors has hired Kyle Gurzynski to succeed longtime chief executive Patty Preuss, who plans to retire on April 29.

PSCU is working with EnaComm to build web and mobile applications for prepaid cards.

The combined organization would have more than $3.6 billion of assets and a few dozen branches in Georgia.

Scott Ward succeeds longtime chief executive Gary Williams, who retired at the end of January.

Using its new designation as a community development financial institution, Kitsap plans to offer loans and low-cost mortgages to underserved consumers in its communities, including Native Americans and the elderly.

The National Credit Union Administration's first prohibition order of the year addresses a former vice president of lending at a Virginia credit union who was accused of improperly approving business loans.

Carol Minges, who joined the St. Louis institution in 2008, will step down as chief executive on April 1.

The National Credit Union Administration would require federally chartered institutions to have a plan in place to replace key positions amid concerns over consolidation and the aging of credit union leadership.

Some are eliminating their charges for overdrawn accounts in response to recent reforms by big banks and the consumer-friendly practices of neobank rivals.

The Winston-Salem-based organization, having been certified as a community development financial institution, plans to launch a lending program next year to meet the needs of the underserved consumers.

The credit union was certified as a community development financial institution, furthering its goal of improving the economic status of Tampa Bay-area residents.

Mary Madden joined the New York credit union in 1995 and has been its chief executive since 2002.

The Louisiana Credit Union League is nearing the launch of a social network that will allow its constituents to stay in touch even when they can't meet in person, whether due to the pandemic or natural disasters.

J. Kevin Ryan is succeeded by Cameron Minges, who became the credit union's president a year ago.