Frank Gargano

David Pickney, who joined the institution in 2010, saw Texas Trust grow from six branches to 22 and more than double its assets to $1.7 billion.

The National Credit Union Administration issued two prohibition orders and two notices of prohibition, bringing the yearly total to 20.

The $63 million-asset Texas Federal Credit Union in Dallas is combining with the $1.6 billion-asset Texas Trust Credit Union in nearby Arlington.

Dora Financial aims to reduce racial and economic disparities in access to banking.

Kenneth Orgeron, who was appointed acting president and chief executive after the recent departure of Jim Hayes, will remain at the helm of the Maryland credit union.

With an estimated $28.6 million in excess funding for 2021, the regulator chose to direct a portion of that sum to hiring and cyber protections.

SPIRE Credit Union and Midland Co-op Credit Union both began as Twin City Oil Co-ops Credit Union, but separated in 1940 at the recommendation of regulators.

Shelly Brown, who was most recently the credit union’s senior vice president of operations, was tapped to lead the institution.

Only one credit union has answered the National Credit Union Administration's call for feedback on how the industry views and uses cryptocurrencies and blockchain technology.

Community Owned Federal Credit Union in Charleston is the third institution that the National Credit Union Administration has closed this year.