Melissa Angell

Running a marathon every day for a week in recognition of those who have served, and other ways credit unions are giving back in their communities.

In a strategy that other CUs could follow, Concord Federal Credit Union is working with a local nonprofit to provide better access to financial products in central Brooklyn.

The Michigan-based credit union, which has a branch network across six states, also saw an increase in deposits.

The institution had considered a merger of equals that was never finalized before deciding to change its name to Elevate Credit Union.

Between a decidedly younger user base and potential compliance risks, some financial institutions are wary of using the platform, but a handful say they have embraced it and found success.

Credit unions have measures in place to assist members hit by fraud but many smaller institutions are challenged when it comes to an effective response.

The settlement comes as Navy makes history by becoming the world’s first credit union to exceed $100 billion in assets.

Credit unions are helping students pay for college with scholarships in addition to getting involved in their communities in other ways.

Douglas Ankrom, who is currently chief financial officer at the Belpre, Ohio-based institution, will take over for Michael Iaderosa, who will retire later this year.

Credit unions in the Lone Star State have been working with lawmakers on a series of bills but the clock is ticking since the legislative session ends in May and won't restart until 2021.

A federal court this week will hear arguments in NCUA's appeal of a a judge's split decision on its 2016 field of membership rule while the new NCUA board meets later in the week.

From helping purchase a new fire engine to funding scholarships and more, here's a look at how credit unions are giving back.

Gail Jansen, who oversees member business lending at Kinecta Federal Credit Union, warned that increasing fees for Small Business Administration loans would hurt borrowers.

Some credit unions are embracing technology that makes it easier for consumers to start the notoriously difficult process of changing financial institutions.

The U.S. territory has some of the nation’s highest electricity prices, but a new law spurred by Puerto Rico’s cooperativas could be a game changer for the island.

A look at how some financial institutions are making an impact by hosting financial literacy programs, making donations and more.

The Bedford, Ind.-based credit union distributed a $2.7 million dividend to members in recognition of a year that saw loan growth exceed 9%.

Credit unions in Arkansas and Florida argue that allowing the industry to take deposits from cities and other public entities would help with funding and control for risk.

Credit unions across the country are stepping up in a variety of ways, including donating to help an early learning program and organizing a Lego event to encourage children to think critically.

Revised legislation would exclude credit unions from Community Reinvestment Act requirements, but could make the National Credit Union Administration the de facto enforcer of how CUs meet the needs of underserved markets.