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The number of mergers approved in the first quarter was down significantly but experts are unsure of how long that will last.
By Palash GhoshJune 11 -
Members at the $155 million-asset Partnership still need to approve the proposed transaction.
By Palash GhoshJune 7 -
Credit unions in Utah, Oregon and elsewhere have made new hires and announced promotions.
By Palash GhoshJune 6 -
The Credit Union Internal Auditors Association is set to merge into the Association of Credit Union Internal Auditors.
By Palash GhoshJune 5 -
Less than a month after Municipal was placed into conservatorship, former CEO Kam Wong received a 66-month prison sentence along with an order to repay millions he embezzled from the credit union.
By Palash GhoshJune 5 -
Credit unions have made new hires and announced promotions while others are celebrating staff and directors being given awards.
By Palash GhoshJune 4 -
Arizona Federal Credit Union said its deal to buy Pinnacle Bank is the first of its kind in the Grand Canyon State.
By Palash GhoshJune 4 -
The Michigan-based institution is one of a handful of credit unions that have bought or announced deals to acquire banks over the last two years.
By Palash GhoshJune 3 -
Borrowers with poor credit make up less than 15% of the industry's total auto loan portfolio. That has shielded CUs from some delinquency issues, but some say it raises questions about whether the movement is reaching the consumers it was chartered to serve.
By Palash GhoshMay 28 -
One credit union economist says tit-for-tat on tariffs could slow economic growth but will not result in an economic downturn.
By Palash GhoshMay 24