Ken McCarthy

The credit union has promoted Timothy Mislansky to lead the organization. He succeeds Doug Fecher, who announced his retirement earlier this year.

College athletes can now profit from their name, image and likeness, and some local lenders have been quick to sign them on as spokespeople. But it's still unclear whether these young sports figures will raise the financial institutions' profile enough to justify the cost.

Dustin Cuttriss will succeed Kevin Willour, who is retiring at the end of 2022.

John “Bernie” Winne has led the credit union for 20 years. He is stepping down at the end of June 30.

John Cassidy will retire as CEO of Sierra Central Credit Union in Yuba City in January. Ron Sweeney, the company’s president, will take his place.

The National Credit Union Administration backed off measures that would have let credit unions sign up members in areas where they have ATMs and online services, but no branches. The move was seen as a partial victory for banks, though the matter could ultimately be decided by Congress.

Tina Dix, the chief executive of OUR Credit Union in Royal Oak, will step aside in July. The $365 million-asset credit union has retained a search firm to find her successor.

Bob Gallman has worked in the credit union industry for more than 45 years and has been at the helm of the league since 2017.

The expectation that people will want social distancing and ever-expanding digital banking options well after the pandemic passes is informing branch architecture at banks and credit unions.

Michigan State University Federal Credit Union would be one of the first credit unions to pay eligible players on the MSU team to use their name, image and likeness in exchange for endorsements.