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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Loan volumes were already slowing before the pandemic. New restrictions and changes in consumer behavior are likely to make growth in this portfolio even harder.
June 2 -
Some credit unions have closed branches as demonstrations continue following the death of George Floyd last week.
June 1 -
The closure of IBEW Local Union 712 Federal Credit Union marks the first CU to shut its doors in the wake of the coronavirus.
May 29 -
The Independent Community Bankers of America has asked NCUA's inspector general to review the agency's decision to change how low-income credit unions receive that designation.
May 29 -
IRSE Credit Union hopes to finalize a deal to merge into Cooperative Choice Network CU by later this summer.
May 29 -
A new program is intended to reach individuals without a fixed address or checking account more easily access COVID-19 relief funds — and hopefully keep those consumers as members.
May 27 -
The deal to combine Winslow Community Credit Union and Connected CU is expected to close July 1.
May 22 -
The HEROES Act aims to clarify whether economic stimulus checks from the government can be used for debt collection, but it's unclear if that language will survive the legislative process.
May 22 -
The regulator has formed the Culture, Diversity and Inclusion Council, which will conduct a survey of NCUA's culture to identify areas that need improvement.
May 19 -
The company, formed by the merger of BB&T and SunTrust, shared the information in response to a credit union's legal challenge to its new name.
May 19
