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 unions collect more in fee income than their banking counterparts. That could become problematic as the political winds and consumer preferences shift.
Regulators placed the $3 billion-asset institution into conservatorship less than a year after the New York City-based CU fired President and CEO Kam Wong in the wake of embezzlement charges.
Recent letters from NAFCU and CUNA called on the Consumer Financial Protection Bureau to provide a carve out in its payday lending rule for loans made by credit unions.
Jacqueline Howard's personal interest in helping close the wealth gap prompted her to steer Ally Financial toward a more concerted effort on this front.
Get ready to meet 15 women — ages 40 and under — whose accomplishments and influence set them apart.
Credit unions in Arkansas and Florida argue that allowing the industry to take deposits from cities and other public entities would help with funding and control for risk.
In a post to a social networking site, Rachel Pross, chief risk officer at an Oregon institution, described unwanted touches and inappropriate comments by male executives and directors at the event.
Creating an environment that employees love and recruiting a diverse workforce isn't easy. Here's how some Best Fintechs to Work For do it.
A new initiative aims to help small credit unions survive and thrive, but a plethora of trends are working against them.
In 2017, the National Credit Union Administration board approved provisions to make mergers more transparent. But one of those changes has become a casualty of the government closure.
Credit union and bank executives say the federal work stoppage hasn’t hit business lines yet, but that could change if things drag on much longer.
A number of healthy credit unions have undertaken “mergers of equals” to bolster long-term prospects. But those institutions are opening themselves up to unique risks and challenges as a result.
Despite strong performance in the industry overall, analysts expect regulators to shutter more institutions in the years ahead.
These CEOs don't just run their credit unions, they're also the chief executive for their community -- and despite a desire to serve, they face some unique challenges.
Last week the car manufacturer said it would cut jobs and close factories. Now credit unions in the affected areas are considering how the news will affect their members and themselves.
Our Best in Banking honorees for 2018 share some of the smartest bits of advice and blows from the school of hard knocks that they've received over the years — and who (or what) supplied them.
Her guidance of a former credit union through the crisis and into a profitable bank, her advocacy for reg relief and other industry priorities, and her vocal support of women seeking to knock down many of the same workplace barriers she faced make her one of our Best in Banking honorees.
The Credit Union National Association will not ask Mississippi Republican Cindy Hyde-Smith to return its campaign contribution, even as a number of major corporations have asked for their money back.
A 2016 law expanded credit union powers in the Great Lakes State, but it also capped how CUs can invest in GSEs – a move that nearly cost one institution $6 million.
Credit union trade groups invested more than $7 million in this year's midterm elections. Did that record-breaking gamble pay off?