Ken McCarthy

Derek Hebert, formerly of University Credit Union in Maine, succeeds Dan Byron, who retired in March.

The National Credit Union Administration has asked Congress to restore its authority over credit union service organizations and other vendors, but some in the industry say the regulator already has enough on its plate.

Sharonview Federal Credit Union in Indian Land, South Carolina, named Herb White as its new president and chief executive. He will replace outgoing CEO Bill Partin on Jan. 1.

John Bagents succeeds Rick Schmidt, who announced his retirement in May, as president and chief executive.

The National Credit Union Administration in January proposed a rule that would require credit unions to have succession plans in place. Despite the necessity for arrangements, many CEOs want autonomy in the process and would rather avoid a formal rule.

The National Credit Union Administration has granted a federal charter and share insurance coverage to New York Episcopal Federal Credit Union in the Bronx, New York. It is the third federal charter granted this year.

Town & Country Credit Union named Brad Houle as its new president and CEO. Houle was most recently chief executive of CAHP Credit Union in Sacramento.

Scams against the elderly are responsible for more than $3 billion in losses each year, according to the Federal Bureau of Investigation. Credit unions say they are seeing more cases, and often the hardest part is getting the victims to admit they've been taken advantage of.

USAlliance Federal Credit Union in Rye, New York, has agreed to merge with Marriott Employees' Federal Credit Union in Bethesda, Maryland, to create a nearly $3 billion-asset organization.

Under Donna Bland's leadership, Golden 1 Credit Union has grown to more than 1 million members and is now the sixth-largest credit union in the U.S. by assets.