Frank Gargano

Mark Burgess succeeded James Wileman as president and chief executive of the Anchorage-based credit union this month.

The Credit Card Competition Act of 2022 could threaten revenue credit unions need to manage card payments and provide security, according to trade groups.

The National Credit Union Administration's certification for WeDevelopment Federal Credit Union in Missouri took effect in July.

10 things to know in July: Merger-and-acquisition announcements in the community banking space slow down, a Native American neobank sets out to offer bespoke services to tribes and more.

Devon Lyon will succeed longtime president and chief executive David L’Ecuyer in August.

Efforts to recruit millennials and Generation Z include letting cardholders select preferred names and pronouns, offering rewards for gas purchases and providing financial guidance.

Affinity Credit Union in Iowa is taking the tech giant to court over the levies issuers pay to have their cards work in its mobile wallet.

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.