Frank Gargano

Here is a rundown of the regulatory, diversity, competitive and other challenges that executives explored at the Credit Union National Association's annual gathering in Washington.

The Louisiana-based Barksdale has agreed to purchase HomeBank of Arkansas. It is the fourth deal involving the sale of a bank to a credit union in less than two weeks.

Tricia Szurgot is joining Securityplus from First Commonwealth Federal Credit Union in Pennsylvania.

The credit union had been in the custody of the National Credit Union Administration since June 2020 to address concerns of unsafe and unsound business practices.

The Bethpage, New York, credit union plans to use the fintech’s risk models to improve loan decisioning.

The fintech chose its new name to reflect its non-financial offerings such as contact centers.

Municipal Credit Union was first placed into the custody of the National Credit Union Administration in 2019, after its former chief executive was charged with fraud and embezzlement.

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.