Palash Ghosh

In an effort to remove barriers to entry and drive stronger membership growth, the $15 billion credit union is taking the concept of 'minimum balance' to a whole new level: $0.

Advocates of CU payday products offer mixed reviews of the bureau's proposed rule aimed at curbing predatory lending.

The oil industry isn't the only one with a boom-and-bust cycle: just ask some of the high-profile technology companies — and the credit unions that serve them.

Virginia Beach Schools Federal Credit Union, a $95-million institution based in Virginia Beach, Va., announced that Sally W. Fontenot, president and CEO, will retire, effective June 30, with current EVP L. Brian Clark set to succeed her on July 1.

Keystone Federal Credit Union’s members “overwhelmingly approved” a proposed merger with TruMark Financial Credit Union on Wednesday.

CO-OP Financial Services announced that Todd Clark will become its new president and CEO, effective June 27, succeeding Stan Hollen, who is retiring.

CUs in North Dakota's oil country have to be ready to respond to the ebb and flow of the energy market, with the attendant ebb and flow of members and money and the specter of increased delinquency.

Motorola Employees Credit Union (MECU), a $901-million institution based in Schaumburg, Ill., said it will change its name to Andigo, most likely in September of this year.

Sb1 Federal Credit Union, a $634-million institution based in Philadelphia, will change its name to Ardent Credit Union, effective June 14.

COMPASS 4 CUs, the Woodbridge, Va.-based credit union service organization (CUSO) that specializes in regulatory compliance, said effective May 1, ownership of the CUSO was transferred from Belvoir Federal Credit Union to Pentagon Federal Credit Union (PenFed) in connection with the merger of those two credit unions.

The National Credit Union Administration (NCUA) announced Monday that 22 federally insured credit unions have agreed to pay civil monetary penalties for filing late Call Reports in the fourth quarter of 2015.

Certain types of member business loans will no longer require a personal guarantee under the new NCUA rules.

In an attempt to encourage small businesses and local entrepreneurship, Vermont State Employees Credit Union takes a stake in Green Mountain State equity crowdfunding platform Milk Money L3C.

Despite recent major gains in loans and membership, CUs have seen costs rise while other key ratios — such as ROAA and net interest margin — have slipped, calling for a focus on cutting costs.

MADISON, Wis. – The National Credit Union Foundation announced that nominations for the 2017 Herb Wegner Memorial Awards are now open.

The biggest growth area in auto lending is in the subprime market, but serving that market comes with significant risks. Learn how four credit unions have met that challenge.

The Illinois Credit Union League (ICUL) said its former president and CEO, Dan Plauda, passed away over the weekend.

Power Financial Credit Union, a $575 million institution based in Pembroke Pines, Fla., announced Monday that it will merge with the $43 million Ryder System FCU.

Search for successor to long-time – and outspoken – leader of State Employees' Credit Union should be completed no later than first quarter of 2017, according to chairman of the board.

U.S. college students, already burdened by spiraling student loan debt, don’t know much about using credit cards responsibly, according to a new survey.