Palash Ghosh

The proposed combination of Sharon Credit Union and Crescent Credit Union still needs approval from regulators and members.

Price Chopper Employees Federal Credit Union is the second institution to merge into the Latham, N.Y.-based Sunmark in recent months.

Spokane Teachers Credit Union will transfer the assets and liabilities to a nearby branch.

The Banner branch in Sandpoint, Idaho, will be closed and its assets and deposits will be transferred to a nearby STCU location once the deal is completed.

Several credit union leagues and credit union service organizations have formed a new group, called AffirmXCU, that will offer risk management technology.

CUNA Mutual Group's February trends report showed that growth in auto loans, mortgages and membership had slowed.

Daniel J. Machon Jr., who was previously the CEO of Stonebridge Bank, has taken the helm at the West Chester, Pa.-based institution.

With branch traffic on the decline, some CUs have taken steps to tweak their facilities in order to help brick and mortar stay relevant in a digital world.

The Peoria, Ill.-based institution also saw increases in lending and net worth.

Montgomery County Employees Federal Credit Union is now operating as SkyPoint Federal Credit Union.

A mortgage advisor, a chief legal counsel and a vice president of member experience were just some of the appointments credit unions have recently made.

About 100 financial institutions are owned by or work with Native Americans, yet traditional banking services remain out of reach for many in this demographic.

The Illinois-based credit union, which recently announced an expanded field of membership, saw loans rise by nearly 7% in 2018.

2018 was mixed bag for credit unions in the Wolverine State, with membership and lending still seeing positive numbers but down from previous years.

Tanya Hobson will take over for Mechelle Johnson, who will step down in June after 24 years at the helm of the South Dakota-based institution.

The venture, which will do business as CU APPS, will offer mobile apps for other credit unions.

Credit unions have promoted and hired employees in a variety of areas, including membership experience and operations, marketing, real estate lending and collections.

The combined organization, representing nearly 500 member credit unions, is expected to launch early next year.

A plan to join Deer Valley and Canyon State credit unions still needs approval from regulators and members of both institutions.

In a unique deal, organizers of Village Financial Cooperative received $500,000 from the Minneapolis City Council as they aim for a June opening.