Frank Gargano

Combined, the two would have over $11 billion of assets and nearly 80 branches serving members of the armed forces across five states and in Italy.

After extending its deadline for request for comment on cryptocurrency by a month, the National Credit Union Administration heard from credit unions and other organizations that want clarity on the boundaries the agency plans to set.

Laurie Butz, a senior vice president at another Wisconsin credit union, will replace longtime CEO Tom Young, who is retiring.

The credit union is working with CUSO Financial Services, a unit of Atria Wealth Solutions, to add secure document uploading and other features to its website.

Through these partnerships, lenders can diversify their portfolios and even help members recoup their investment by selling or gaining credits for excess energy.

A leading voice for community banks, Stewart is a past chair of the American Bankers Association and serves on the board of the Seattle branch of the Federal Reserve Bank of San Francisco.

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.

Rodney Hood, a member of the National Credit Union Administration's board, detailed plans, such as the formation of an Office of Innovation and Access, to foster collaboration between credit unions and the tech community.

Meridian Trust Federal Credit Union and Western Heritage Federal Credit Union plan to combine into an institution with more than $600 million of assets and roughly 40,000 members.

Excite Credit Union in San Jose, now a community development financial institution, says over 60% of its lending caters to consumers in low-income brackets.

Royal Credit Union is combining with Utilities Credit Union. Royal recently agreed to purchase Lake Area Bank in Lindstrom, Minnesota.