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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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The push to revive the District charter began in 2001, nearly 40 years after the original rule was repealed and CUs there adopted the federal charter.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
