Ken McCarthy is a reporter at Credit Union Journal, and a former reporter for American Banker and S&P Global Market Intelligence.
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John Zmolek has been involved with the Seattle-based institution for more than three decades. A successor has not yet been named.
By Ken McCarthyFebruary 23 -
Some in the industry are beefing up online educational offerings and enlisting social media ambassadors on college campuses to help recruit younger consumers.
By Ken McCarthyFebruary 22 -
A severe cold snap in the state has tested financial institutions unaccustomed to such weather-related disruption.
By Ken McCarthyFebruary 19 -
The longtime leader joined State Employees' Credit Union, the second-largest CU in the nation, in 1975 and was named CEO in 2016.
By Ken McCarthyFebruary 17 -
Sundie Seefried, one of the credit union industry's foremost experts on cannabis banking, will transition to a new role this summer, leading a new venture serving the legal marijuana space.
By Ken McCarthyFebruary 16 -
A deal to merge with First General Credit Union in Norton Shores, Mich., will extend the Detroit-area institution's reach across the state.
By Ken McCarthyFebruary 12 -
A plan to make expansion easier for credit unions is getting pushback not just from bankers, but also from the regulator's current chairman and a former board member.
By Ken McCarthyFebruary 12 -
The Jackson, Miss.-based credit union is part of an alliance that also includes the megabank, seven cities and nine historically Black colleges and universities, and aims to provide investments of up to $130 million to help stabilize businesses and communities hit hard by the pandemic.
By Ken McCarthyFebruary 10 -
Richard Daugherty stepped down after more than three decades at the Maryland-based institution, including overseeing four mergers and asset growth of nearly 500%.
By Ken McCarthyFebruary 9 -
Home loans accounted for the bulk of the industry’s lending gains in 2020, but inventory shortages in some markets and an uneven economic recovery may dim prospects this year.
By Ken McCarthyFebruary 9