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The half-dozen institutions all hold less than $50 million in assets – some less than a half-million – and will collectively pay a total of about $5,000 to the U.S. Treasury.
July 12 -
CUs in both states surpassed total asset milestones, but many business lines are growing at a slower pace than they were one year ago.
July 11 -
CUs in the Keystone State saw loan balances rise by 8.5%, while membership rose more than 3.3% to top 4.2 million.
July 10 -
The Honolulu-based institution has doubled its loan portfolio over the past five years as its commercial lending has increased.
July 9 -
Cynde Jones, who served as an executive vice president for more than a decade, has taken over following longtime CEO Chuck Rutan's retirement.
July 8 -
Only one CU in West Virginia wants to enter the pot banking space, but they're going against the grain not just of the state's credit union league but an industry where fewer than 1% of institutions are serving that market.
July 3 -
EVP Dan Terada is set to take over following the longtime CEO Neal Takase's retirement.
July 2 -
Members of Mapleton Public Schools FCU still have to approve the merger into Westerra.
July 1 -
As many as 20% of institutions haven't started planning for the new standard, according to one study. Many say CUs must start now in order to be ready, even if the rule is postponed.
July 1 -
COO Jenna Lampson will take the helm on Aug. 1 while current CEO Steve Punch stays on as a consultant until he retires at the end of October.
June 27