Melissa Angell is a reporter for Credit Union Journal in New York City. She graduated from the University of Virginia where she studied Cognitive Neuroscience and Media Studies. She's also an alumna of the Dow Jones News Fund, where she previously covered healthcare equities for TheStreet.
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Credit unions have seen historic mortgage growth so far this year despite the pandemic, but there are concerns some institutions may be overly relying on refinancing and not focusing enough on generating new purchase business.
June 17 -
Kyle Hauptman, an aide to Sen. Tom Cotton, R-Ark., also served on the president's 2016 transition team. He would replace board member Mark McWatters, whose term expired last year.
June 15 -
Fed Chair Jerome Powell will address lawmakers twice this week while the Supreme Court could come out with a long-awaited ruling on the Consumer Financial Protection Bureau.
June 15 -
Credit unions are once again opposing language in draft legislation of the 2021 National Defense Authorization Act that would allow banks to rent space on military bases for free.
June 12 -
Members at Malheur Federal Credit Union will vote later this year on whether to join Medford, Ore.-based Rogue.
June 12 -
The regulator cited "unsafe and unsound practices" at the Georgia-based institution, which is the first credit union to be conserved this year.
June 11 -
Michele Dean takes the helm from Ralph Spencer, Jr., who will retire later this month.
June 9 -
Before the coronavirus outbreak, financial institutions, wary of robberies, prevented customers from covering their faces. As branches reopen, public health concerns are forcing accommodations.
June 8 -
Prior to the outbreak, members were banned from covering their faces inside branches for security reasons. Now institutions must devise ways to keep everyone healthy and safe.
June 8 -
Financial institutions are trying to determine how to best protect branches as some demonstrations following George Floyd's death turn violent.
June 3
