Michael Bartlett

With the industry continuing to consolidate, credit unions must address mergers in their strategic planning sessions so they are ready to be on either side of the deal when the opportunity arises.

Timothy L. Anderson, who has held C-level positions at a number of other credit unions, including Government Printing office FCU and Treasury Department FCU, has taken over following CEO Kenneth Kramer's departure.

Bruce Adams, who previously served as general counsel to Connecticut Lt. Gov. Nancy Wyman, will join the Credit Union League of Connecticut next month.

Credit unions reported gains in a number of key areas but member business lending and new auto loans took a hit as overall growth continued to slow.

The Lutherville, Md.-based credit union returned $1.25 million to members in the first half of the year, on the heels of a $2M payout last year.

The institution was formerly known as SF Police CU but can now serve law enforcement officers statewide.

The bench upheld a lower court's ruling that the plaintiff did not suffer an "injury-in-fact." Several judges previously made similar rulings.

Credit unions are slowly embracing the impact data analytics can have on the bottom line, but experts say goal-setting and measurable achievements must also be a part of the process.

As strategic planning season kicks off, credit union boards and executives must consider whether they’re doing enough to prevent evolving cybersecurity issues, including account takeovers.

The Memphis-based developer of core processing software is now majority owned by three credit unions.