Palash Ghosh

Ardent Credit Union, formerly called Sb1 Federal Credit Union, will introduce a re-branding advertising campaign on Monday– an initiative that will include cable TV, online and digital venues.

Lending VPs cite strong underwriting, high demand and low delinquencies as reasons for more CUs to consider student loan options for members.

PSCU, the St. Petersburg, Fla.-based credit union service organization (CUSO), said 11 of its owner credit unions have signed long-term contract renewals for the CUSO’s credit and debit processing services.

Less than 12% of all credit unions currently offer student loan products, but analysts and institutions offering that service say now is the time to enter the market.

David Van Rossum has led the credit union since January and has also held leadership roles with CUSOs and on credit union boards.

Sooper Credit Union, Arvada, Colo., and Denver Community Credit Union, Denver – announced plans for a merger of equals.

The Northwest Credit Union Association (NWCUA) and the Idaho Credit Union League (ICUL) have formed a three-year partnership to hold simultaneous annual membership meetings while jointly hosting the MAXX Convention.

Kalamazoo, Mich.-based Educational Community Credit Union has rebranded as Arbor Financial Credit Union, effective Monday, August 8.

Unitus Community Credit Union, a $1-billion institution based in Portland, Ore., said its board of directors named Steven Stapp as its new president and chief executive officer, following a national search.

If CUs don’t pick up their millennial game, they’ll learn the real meaning of FOMO.

The state bar's board of governors passed a rule change allowing credit unions to hold IOLTAs. The amendment still needs to be ratified by the Florida Supreme Court.

Institutional structures and cultures loom large in how for-profit and not-for-profit institutions make the decision to issue pink slips.

CUs experience CEO turnover at roughly half the rate of other organizations, but a variety of factors play into how and when those terminations take place.

For smaller CUs, replacing a poorly performing CEO can often be just as costly as doing nothing.

The League of Southeastern Credit Unions & Affiliates (LSCU), which serves credit unions in Florida and Alabama, and the New York Credit Union Association (NYCUA) said they have "amicably agreed" to suspend a previously planned collaborative partnership between the two entities.

Parchment, Mich.-based Advia Credit Union is set to complete its acquisition of Janesville, Wis.-based Mid America Bank, and analysts say it could be part of a significant shift within the CU industry.

CU economists positive following Fed's decision to keep rates steady.

The National Credit Union Administration (NCUA) has awarded grants totaling almost $2.5 million that will help 309 low-income credit unions "expand services to under-served communities, train staff, improve cyber-security and provide students with work experience."

FAA Credit Union announced that it will change its name to True Sky Credit Union.

The World Council of Credit Unions announced that it has elected Daniel Burns as chair of its board of directors, succeeding Anne Cochran.