Palash Ghosh

The potential for growth as a result of NCUA’s revised field-of-membership rule could be dwarfed by the costs of the technology needed to make the most of the opportunity.

Christopher Credit Union in Chesaning, Mich., merged on Jan. 1 with United FCU of Saginaw following a November vote by CCU's membership that garnered 100% approval.

Credit Union Resources announced that Richfield-Bloomington Credit Union of Bloomington, Minn. has named Gregory Worthen as its new president and CEO, effective Tuesday.

The $3.4 million dividend was the biggest payout in the credit union's history.

The National Credit Union Administration this month banned five individuals from participating in the affairs of any federally insured financial institution.

The New York Credit Union Association filed an amicus brief with the U.S. Supreme Court in support of the state of New York’s ban on credit card surcharges.

First City Credit Union, a $605-million institution based in Los Angeles, announced it selected Jim Miller as its new president and CEO, succeeding Terry O'Steen, who is retiring after more than 20 years with the credit union.

The Florist Federal Credit Union, an $8.1-million institution based in Roswell, N.M, said it hired Cisco Malpartida Smith as its new president and CEO, succeeding Kenneth Bell, who is retiring.

Charter Oak Federal Credit Union has awarded more than $487,000 in annual $100 cash bonuses to its Gold Rewards members this December, making it the largest one-time bonus payout in the program's history.

David Jezewski will take the helm in April, succeeding retiring CEO Ernie Jackson.