Melissa Angell

The institution also remained well capitalized and its membership rose in the first half of the year.

NCUA Chairman Rodney Hood congratulated Polish & Slavic Federal Credit Union on reaching a milestone while PSECU raised money through a volleyball tournament.

The Kingston, N.Y.-based institution can now serve those who live and work in seven counties.

By 2025, millennials will represent 75% of America’s workforce, making this generation a key demographic for credit card growth.

Along with the largest number of credit unions and cooperatives to ever receive funding in a single grant round, several Puerto Rican cooperatives also received the maximum amount available to assist with hurricane recovery efforts.

Joel Slagan takes over for Carrie Wood, who resigned from the Pennsylvania-based institution.

Swindler will take over leadership at the Olympia, Wash.-based credit union in October. Longtime CEO Kevin Foster-Keddie prepares to retire next year following a transition period.

Christina Sauve will succeed Ron Ehrenreich, who founded the institution.

The industry is waiting to see if banks will get the same no-cost land leases on military bases that credit unions currently enjoy.

As more employers offer paid parental leave, credit unions are considering how best to meet employees needs in a tight labor market while controlling for expenses.

One-third of surveyed credit unions are looking to partner with a bank, while another third are looking for larger merger partners.

CUNA Mutual Group found that loan balances increased by 6.6% for the year ending in the second quarter.

A successor to Janet Bantz, who has led the Indiana-based institution since 1989, has been selected but not formally announced.

A new registry aims to make it easier for credit unions to set up voice banking capabilities, but it remains to be see if consumer demand is there for this service.

First Commerce Credit Union's agreement to buy Citizens Bank brings to 14 the number of deals this year in which a credit union is buying a bank.

First Commerce Credit Union's agreement to buy Citizens Bank is the 14th credit union-bank deal of the year.

The Spokane-based CU had planned a co-location strategy with a local coffee company. While that deal fell through, the credit union is still looking for another coffee vendor to partner with.

Congress is in session, but actions at NCUA, FASB and more will dominate the upcoming week in Washington for credit unions.

Another look at the variety of ways credit unions across the country are giving back to those they serve.

Rob Picard is replacing Sue Cross, the Hampden, Maine-based credit union's long-term CEO who is retiring.