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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Premier Bank is appealing the Nebraska Department of Banking and Finance's decision to block its sale to GreenState Credit Union.
By Ken McCarthyJanuary 20 -
The economic and political conditions are in place for bank-credit union mergers to blow past last year's total of 13 despite the banking industry's strong opposition to them.
By Ken McCarthyJanuary 18 -
Brian Knight of the National Association of State Credit Union Supervisors will prioritize collaboration with the National Credit Union Administration in his efforts to help state-chartered institutions stay competitive with federally chartered credit unions as well as community banks and fintechs.
By Ken McCarthyJanuary 12 -
Some community banks and credit unions worry that by hiring out-of-state workers to fill their many job openings, as other employers have done, they could erode community ties.
By Jim DobbsJanuary 10 -
The National Credit Union Administration approved four new credit unions in 2021 — the most in six years — after revamping the application process.
By Ken McCarthyJanuary 6 -
Pomona Postal Federal Credit Union, which the National Credit Union Administration placed into conservatorship in November, has merged with the Credit Union of Southern California.
By Ken McCarthyJanuary 3 -
Branches across the country have closed temporarily, or switched to drive-thru service, as infections and quarantine rules have forced many bank workers to stay home.
By Polo RochaDecember 30 -
Barry Nelson will step down as the president and CEO in April.
By Ken McCarthyDecember 30 -
The credit union is looking for its next leader after longtime CEO Bill Lawton announced he will retire this summer.
By Ken McCarthyDecember 28 -
The National Association of Federally-Insured Credit Unions' new campaign highlights $243 billion in fines slapped on Wall Street banks. The group says it's responding to political attacks, but the banking industry says NAFCU is trying to distract from criticism of its tax exemption.
By Ken McCarthyDecember 13 -
Business and regulatory pressures were already weighing on aging executives before the onset of the pandemic led many to delay retirement plans. Now as the crisis eases, an increasing number are finally stepping down.
By Ken McCarthyDecember 7 -
Charlie Watts was most recently chief financial officer for Colorado Credit Union, a role he held for the past eight years.
By Ken McCarthyDecember 2 -
The commissioner of the Tennessee Department of Financial Institutions said Orion Federal Credit Union's deal for Financial Federal Bank violates the Tennessee Banking Act.
By Ken McCarthyDecember 2 -
The new omicron strain is prompting more financial institutions to extend mask mandates in the workplace and remote work schedules.
By Jim DobbsDecember 2 -
As its first major gift, Truliant contributed to the Winston-Salem State University Foundation to support the Mathematics and Science Education Network program.
By Ken McCarthyDecember 1 -
The credit union has promoted Timothy Mislansky to lead the organization. He succeeds Doug Fecher, who announced his retirement earlier this year.
By Ken McCarthyNovember 29 -
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.
By Ken McCarthyNovember 29 -
Dustin Cuttriss will succeed Kevin Willour, who is retiring at the end of 2022.
By Ken McCarthyNovember 23 -
John “Bernie” Winne has led the credit union for 20 years. He is stepping down at the end of June 30.
By Ken McCarthyNovember 22 -
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.
By Ken McCarthyNovember 19














