Palash Ghosh

A growing number of credit unions are moving their headquarters to revitalized urban areas, and while some say that could help recruit new staff, it also carries the risk of being associated with gentrification.

A handful of institutions in the last year have rolled out loan programs targeting members of the military and first responders, but there could be risks associated with these mortgages if the economy takes a nosedive.

It took the Brooklyn-based credit union 15 years to double its assets from $1 billion.

NCUA Chairman Rodney Hood is formally sworn in by Vice President Pence while BayPort Credit Union and others announce a host of career moves.

Membership continues to rise across the Wolverine State, though at a slower pace, but lending overall is on the decline.

Mike DeShazo was selected to lead the San Diego institution after Ann McClure stepped down.

Linda Landry, who at one time led Southeast Texas Employees FCU, has been barred from participating in the affairs of any federally insured financial institution.

First American Bank agreed to sell its Iowa branches to GreenState just weeks after arranging the transfer of its Florida locations to another credit union.

Besides the Iowa branch deal, First American Bank is also selling certain assets and liabilities in Florida in a previously announced transaction.

Offering secured credit cards can help a credit union build loyalty with members but this product line can be difficult to successfully manage.

Credit unions and others in the industry have announced a number of recent promotions, new hires and other personnel news.

If signed into law, institutions that qualify for the Banking Development District program will be eligible to receive up to $10 million in subsidized public funds.

Kelly McDonough will take over next month, nine months after the $289 million-asset shop's former CEO left to lead a CUSO.

Mary Hughes, acting director of finance at the Idaho Department of Finance, will receive the trade group's annual award during its 2019 State Summit.

Credit unions reported gains in areas such as loan balances and membership but it was at a slower pace than a year earlier.

Nearly 100 institutions now take part in the initiative to bring affordable financial services to Spanish-speaking and immigrant consumers.

The Michigan-based CUSO has acquired a stake in NestReady, giving it exclusive industry rights on the mortgage technology firm's products.

A $19.1 billion aid package signed into law earlier this month is welcome news for credit unions in Nebraska and a host of other regions that have suffered from recent natural disasters.

The latest new hires, promotions and appointments at credit unions and industry groups across the country.

Truliant Federal Credit Union claims that the BB&T-SunTrust post-merger brand represents trademark infringement and unfair competition.