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 -
In response to Truliant Federal Credit Union's request for an injunction, the bank said it has already spent $125 million on the Truist branding, and changing that name would add further costs and damage the bank's reputation.
May 19 -
The government's latest stimulus package cleared the House on Friday but a number of key credit union priorities didn't make the cut.
May 18 -
Bankers call credit unions’ latest efforts to ease limits on member business lending opportunistic. Credit unions say they're trying to help with the recovery effort.
May 18 -
The merger between the two Corpus Christi, Texas-based institutions is expected to close this summer.
May 14 -
Industry groups also supported Democrat Christy Smith in a special election in California, though it appeared likely she would lose the bid.
May 13 -
The Ohio Democrat's criticism of Rodney Hood, chairman of the National Credit Union Administration, echoed complaints from bankers that the regulator was using the chaos from the pandemic to push through changes.
May 12 -
All 11 corporates have signed on as agent members of the CLF, boosting its borrowing authority by $13 billion.
May 11 -
Rodney Hood, chairman of the National Credit Union Administration, will testify before the Senate Banking Committee about how the regulator and the industry have responded to the coronavirus pandemic.
May 11 -
Members of West York Area School District Employees Federal Credit Union approved the merger into First Capital, and the deal is expected to close this summer.
May 8 -
The push to revive the District charter began in 2001, nearly 40 years after the original rule was repealed and CUs there adopted the federal charter.
May 7

















