Palash Ghosh

The combined institution will serve roughly 13,700 members with $300 million of assets and six branches.

Russell Cole will take the helm at CUSO Home Lending, succeeding John Reed, who is retiring from the position.

A growing number of credit unions are balancing whether to offer points or other perks as a thank you for member loyalty and spending.

Members of the American Credit Union Mortgage Association will receive discounted access to most of the Mortgage Bankers Association's training products.

Achieva Credit Union has purchased Preferred Community Bank in Fort Myers, Fla.

Struggles to achieve sustainable growth led CommunityWorks Federal Credit Union to seek a merger partner.

Joseph Whitaker will take over as president and CEO of SkyOne Federal Credit Union later this month.

NCUA liquidated LOMTO Federal Credit Union following years of significant losses due to poorly performing taxi medallion loans.

Shay Santos, who has been with the Madison, Wis.-based credit union for nearly three decades, succeeds John Lowrey, who passed away in June.

In September, the National Credit Union Administration barred five people from the industry, including one individual who was accused of working to embezzle more than $1 million.