Frank Gargano

The addition of two new prohibitions raises the total number of issuances by the National Credit Union Administration to 24 for the year so far.

To distinguish itself from the Chicago-based credit union of the same name, Alliant Credit Union in Dubuque is becoming AIM Credit Union. It was founded as Interstate Credit Union in 1933.

Scott Earl will step down from his leadership role at the trade group at the end of June.

Debbie Guiney, who joined the institution in 1977, will step down at the end of this year.

The additions follow the launch of Pay Now and the Klarna Card in the U.K., Italy and other parts of Europe.

Alliant Credit Union in Chicago is building a database of Consumer Financial Protection Bureau enforcement actions to analyze patterns over time and help it formulate a compliance program that will withstand political swings in Washington.

SAFE Credit Union in Folsom, California, will promote its chief credit officer, Faye Nabhani, to president on Jan. 1 and then CEO a year later. She will be the institution's first female leader in its 80-year history.

The combination of Horizon Credit Union in Washington and Embark Credit Union in Montana would have $1.8 billion of assets and 31 branches in four states.

The $3.6 billion-asset Canvas Credit Union in Lone Tree is combining with the $173 million-asset Western Rockies Federal Credit Union in Grand Junction.

Northern Hills Federal Credit Union in South Dakota is one of several institutions testing tools that can deliver faster loan decisions, an edge they need against digital upstarts.

Pomona Postal Federal Credit Union is the fifth institution for which the agency has taken this action this year.

The Burlington-based institution has extended its charter to provide services to all counties in Vermont.

The closing date for the Florida credit union’s purchase of Heritage Southeast Bank was pushed into 2022 to allow more time for regulatory approval.

With two new prohibitions, the total now stands at 22 for the year so far.

GreenState Credit Union has announced three bank deals this year. Its CEO says purchasing banks can be easier than merging with rival credit unions, though the state's banking regulator has made it difficult to do so within Iowa.

Through the Excelsior Linked Deposit Program, participating institutions can offer financing to consumers at a recuced interest rate.

The credit union’s agreement to acquire Midwest Community Bank in Illinois follows two other bank deals it announced this year.

Temenos and Mbanq created a platform to offer technology and compliance services to credit unions via application programming interfaces.

Finastra, a technology vendor to credit unions and small banks, is adding the Bakkt digital asset app to its platform. This will allow clients' customers to buy, sell and hold digital assets like Bitcoin.

Shane Berger, who has been at the helm of Beehive for nearly 37 years, will hand over his responsibilities to Craig Gummow on Jan. 4.