Frank Gargano

The Connecticut bank’s proposed combination with American Challenger Development Corp. was terminated because the two parties didn’t anticipate they could meet the closing conditions. The fintech now says it’s retained Citigroup to explore a possible sale.

The combination of UniWyo and Reliant Federal would bring together roughly $700 million of assets and 50,000 members.

The combined institution would have more than $4 billion of assets and 36 branches across Oregon and Washington.

The Polish American Credit Union Support Fund is gathering donations from members to help purchase ambulances and medical supplies, while also securing more stable housing for those fleeing the conflict.

Lucy Ito, who stepped down from the helm of the National Association of State Credit Union Supervisors last year, will become the interim president and chief executive of Orange County’s Credit Union in California.

Ryan Donovan, a longtime credit union advocate and executive vice president of the Credit Union National Association, will officially succeed John von Seggern on Sept. 6.

By taking the manual labor out of data management and upkeep, experts can reach new clients and better serve their existing ones.

Chaz Rzewnicki will succeed current president and chief executive Allan Kemp McMorris later this year.

"It's probably the only asset class where maybe the client knows more than the advisor right now," Maxwell Lane, head of product for Flourish, said at Financial Planning's Invest conference.

The National Credit Union Administration’s orders addressed concerns of misappropriated funds from institutions in New Jersey and California, and supervisory issues with a credit union in New York.