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.
The Columbus, Ohio-based institution will promote Jarod Bach to president once Christine Leslie steps down.
The Lowell, Mass.-based institution can now serve Norfolk and Suffolk counties, along with more than 150 cities across Massachusetts and New Hampshire.
A group of credit union employees and volunteers recently completed a National Credit Union Foundation training while other institutions snagged new talent.
The regulator has pledged to put forth a rule on credit union-bank purchases before the end of the year. It's likely to lead to another clash with bankers.
Chairman Rodney Hood has pledged to put forth a rule on CU-bank purchases before the end of the year. It's likely to lead to another clash with bankers.
Robins Financial Credit Union honored employees for their years of dedication while other institutions promoted workers and made new hires.
A deal to join the Illinois- and Maine-based institutions was called off because of differences that came up during the due diligence process.
After investing in a payments CUSO earlier this year, the Florida-based credit union is looking for additional opportunities to work with fintechs.
The name Jovia is a reference to the word jovial and is intended to inspire trust and optimism.
Ken Raymie, who previously served as the Texas-based institution's COO, was promoted to president and CEO.