Michael Bartlett

Lucy Ito will become the new president and CEO of the National Association of State Credit Union Supervisors when Mary Martha Fortney retires from the post later this year.

ALEXANDRIA, Va. — Federally insured credit unions parlayed an improving economy in the second quarter of 2014 to the highest year-over-year loan growth since 2006, according to new analysis released Tuesday by the National Credit Union Administration.

BROOMFIELD, Colo. — Members of Boulder Municipal Employees Federal Credit Union voted to approve a proposed merger with Community Financial Credit Union, here, to create a CU with more than 18,000 members and $200 million in assets.

NEW YORK — The Treasury Department's Community Development Financial Institutions Fund (CDFI Fund) has awarded Financial and Technical Assistance awards to 21 credit unions, worth more than $28 million.

Members of Minneapolis-based Endura Financial Federal Credit Union voted to approve a proposed merger into Connexus Credit Union effective Oct. 1, creating a CU with assets exceeding $990 million.

DH Corporation said $120 million Four Points Federal Credit Union, Omaha, Neb., has chosen the company's UltraData Enterprise Core solution.

EAST HANOVER, N.J. — Symbionce Financial Solutions LLC, a credit union service organization that offers mortgage services to CUs, on Thursday was ranked number 945 on Inc.magazine's eighth annual Inc. 500|5000.

LAGUNA HILLS, Calif. — As if credit union mortgage lenders did not have enough to contend with already, the Consumer Financial Protection Bureau has proposed numerous changes to the way home loan data will be collected — and possibly reported publicly.

DENVER — NCUA on Tuesday received good news from the U.S. Court of Appeals for the Tenth Circuit, which upheld its original opinion that the regulator's suit against several banks regarding mortgage-backed securities can proceed.

AS VEGAS — Credit union boards must always have an eye on succession plans for both themselves and for upper management.

MADISON, Wis. — CUNA Mutual Group is expanding its credit union member-facing insurance options through an alliance with private health insurance marketplace GoHealthInsurance, which will allow CUs to market health insurance directly to members.

ALEXANDRIA, Va. — NCUA has received nearly $5.4 million in restitution from a fraud prosecution by the U.S. Attorney's office of the Northern District of New York.

MADISON, Wis. — CUNA Mutual Group is expanding its credit union member-facing insurance options through an alliance with private health insurance marketplace GoHealthInsurance, which will allow CUs to market health insurance directly to members.

Membership in credit unions has hit 100 million for the first time, one of their top trade groups said. The numbers are subject to challenge, but banks still have plenty to fear from their nemeses. Then again, credit unions are uneasy about the future, too.

OKLAHOMA CITY — The $562 million FAA Credit Union became the first CU in Oklahoma to receive the Cornerstone Credit Union League's "Juntos Avanzamos" or "Together We Advance" designation for its "dedicated service" to the Hispanic community.

BILLINGS, Mont. — The $36.7 million Rimrock Credit Union has selected core processor provider Sharetec System as its new core system.

BREA, Calif. — Members of the $130 million South Western Federal Credit Union voted "overwhelmingly" in favor of merging into the $781 million Credit Union of Southern California, all but finalizing the union of the two CUs.

CARSON CITY, Nev. — After having its member business lending program sidelined by regulators in 2010, Greater Nevada CU is making a comeback, having increased its business lending portfolio by 115% over the past 18 months.

SAN RAFAEL, Calif. — American consumers are getting anxious again as news of a possible trade war between Russia and the United States is making headlines, according to new research.

Credit union executives are celebrating the movement reaching the 100 million-member milestone — but what does it really mean for the industry?