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.
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.
The Credit Union Executives Society recognized two leaders for their contributions to their own institutions and the movement as a whole while other credit unions announced promotions and new hires.
Hawaii Pacific Federal Credit Union merged into the Honolulu-based institution last week.
Once the Pennsylvania Credit Union Association and the New Jersey Credit Union League complete their merger, the group will go by CrossState Credit Union Association.
Riverview Credit Union in Ohio added three to its lending team while other institutions made new hires and promotions.
The California-based institution can now serve more than 3.2 million people.