Palash Ghosh

ST. PETERSBURG, Fla. — The board of directors of PSCU, the credit union service organization, announced that it has named Chuck Fagan as its president and CEO, effective April 27.

SOMERSET, Mass. — Somerset Federal Credit Union has named Pamela Mello to the position of president and CEO of the $138-million institution.

New York — McGraw-Hill FCU's "Financial Wellness Center" doesn't look like a typical credit union branch.

ROSEBURG, Ore. — Cascade Community Credit Union has named Robert "Bob" Dempsey as its new chief executive officer.

WASHINGTON — The Government Printing Office Federal Credit Union announced that it has received certification from the U.S. Treasury's Community Development Financial Institutions Fund.

MADISON, Wis. — A new report from Filene Research Institute spelled out some of the challenges facing women in the credit union community.

Members of Chemical Credit Union in Clinton, Iowa, overwhelmingly voted to approve a proposed merger with DuTrac Community Credit Union, Dubuque, Iowa.

Madison, Wis. — Summit Credit Union announced that its chief executive officer, Kim Sponem, has been appointed to a three-year term on an advisory council that reports to the Chicago Federal Reserve System.

As the CEO of $1.2 million Issaquena County FCU, Clarence Hall Jr. knows that being small doesn't define how big of a difference a credit union — or even just one person — can make.

PITTSFIELD, Mass. – Greylock Federal Credit Union announced that it has been certified by the U.S. Treasury Department's Community Development Financial Institutions (CDFI) Fund.

When Mike Mercer spearheaded a special outreach campaign in Georgia, the name of that project sums up what he, and the credit union movement, have always sought to do: "Helping People Afford Life."

Loan growth at federally insured credit unions reached a nine-year high in the fourth quarter of last year, while membership soared past the 99-million mark, according to a new report from the National Credit Union Administration (NCUA).

FITCHBURG, Mass. — Workers' Credit Union announced it deposited $2.5-million into its membership accounts under the credit union's "GiveBack Program."

NETT LAKE, Minn. — Just before NCUA chartered the first new credit union of 2015, Northern Eagle FCU was celebrating its first full year of operation, highlighting some of the challenges de novo charters face.

While credit unions have remained a strong player in this arena, bank lending to small businesses, moribund since the financial crisis, is finally starting to gather steam.

Credit union members have far greater access to free checking accounts than customers at the largest banks and thrifts, according to a recent study from Bankrate.com.

WASHINGTON—Ahead of a Commerce, Manufacturing, and Trade Subcommittee hearing on Thursday, a group of financial trade associations, including CUNA and NAFCU, issued a joint statement calling for various legislative measures affecting patent trolls.

NEW BRITAIN, Conn. — A task force comprised of local, state and federal law enforcement agencies is still trying to untangle the attempt to rob the local branch of Achieve Financial CU that included all the hallmarks of a great action movie: a dramatic home invasion, kidnapping and explosives.

SPRINGFIELD, Va. — The U.S. Small Business Administration signed a memorandum of understanding with NAFCU aimed at expanding American entrepreneurs better access to small-dollar business loans.

Citadel Federal Credit Union announced that it has expanded its existing fee-free automated teller machine (ATM) network for Citadel customers in selected Rite Aid pharmacies to four new locations; three in Lansdale, Pa. and one in Harleysville, Pa., bringing the total number up to 29.