Ken McCarthy

The latest monthly Trends Report from CUNA Mutual Group showed October's year-over-year membership growth rate was the slowest since the fall of 2014.

The two groups have launched a new effort to promote the benefits of being certified as a community development financial institution.

Kelly Schrader will leave the Vancouver, Wash.-based institution on Jan. 1, and Eric Petracca will take over as president and CEO.

Some credit unions that gave bonuses to front-line staff at the onset of the coronavirus outbreak may be too cash-strapped to offer similar payouts during this latest surge.

The Gainesville, Fla.-based credit union has converted from a federal to a state charter and will debut its new brand identity early next month.

Anna Lo, a former NCUA examiner who previously led Pacific Transportation FCU, will take the helm next month, following the retirement of longtime CEO Lourdes Cortez.

Irene Oberbauer spent 12 years in the credit union movement and was SDCCU's first female CEO, serving from 2007 until her retirement in 2010.

Amy Nigrelli will serve as CMO of the Albuquerque-based credit union, one of two recent personnel moves there.

It's legal to require vaccinations to ensure health and safety in branches, but employers risk adding to workplace tension.

Elizabeth Fischmann will take on the role later this month and will oversee the regulator's compliance with federal ethics laws, among other responsibilities.

The Washington, D.C.-based institution could see its membership grow by as much as 72% now that federal regulators have approved the move.

Acquirers shelved plans to buy banks this year as the coronavirus became widespread, but a combination of factors could spur the confidence to restart those conversations in the months ahead.

Chief Operations Officer Jerry Schmidt will take over at the Rapid City, S.D.-based institution in early January.

Fran Godfrey, who has spent more than 35 years at the Michigan-based institution, will step down at the end of January.

CEO James Schenck says the institution's military focus means it must provide services for a group of consumers who move every few years. That has helped it focus more on mobile services and less on brick and mortar.

The regulator issued prohibitions for former credit union employees in Virginia and Connecticut.

The deal will expand the credit union's brick-and-mortar footprint to more than 30 locations across Illinois and California.

Infinity FCU sought out a merger partner after realizing that even at $338 million in assets it was too small to provide the technologies members wanted. It could be a harbinger of more deals among larger players.

Fraudsters have increased their attempts to steal data through email scams since much of the financial services sector moved to remote work when the pandemic began.

While some institutions have held off on staffing up for new projects, many mission-critical positions at the executive level are still being filled. It may take until well into 2021 before normal patterns return.