Jackie Stewart is the executive editor of American Banker Magazine. Previously, she covered breaking news, community banks and mergers and acquisitions for American Banker before being named as the managing editor of the Credit Union Journal. After graduating from Northwestern University in 2006, Jackie taught for two years in the Bronx, N.Y., through Teach for America.
Credit Union of America has given some executives additional roles while other institutions have announced new hires and promotions.
An analysis of industry data shows CUs are not the leader in that space they have long claimed to be. Here's why that could come back to bite institutions later on.
The Massachusetts-based institution, which will forgive more than $750,000 in fees, is the latest to come to an agreement regarding overdraft claims.
The tiny Monarch Federal Credit Union joined Firefighters & Company FCU in order to offer its 1,000 members a wider range of products.
Notre Dame Federal Credit Union named a team to oversee its Arizona operations while other institutions made their own personnel moves.
Some credit unions are experimenting with ambient scenting – adding distinctive but unobtrusive smells – in their branches. While those fragrances are meant to reinforce the institution’s brand, they could also have unintended negative effects.
The Long Beach, Calif.-based institution can now serve workers from the healthcare industry in six counties.
SmartChoice Credit Union, which holds less than $1 million in assets, has been penalized for failing to properly complete FinCEN searches.
NH Federal Credit Union recognized an employee for her 30 years of service while other institutions promoted workers and hired new talent.
Credit unions approved just 39.7% of small business loan applications in September, according to the Biz2Credit Small Business Lending Index.