Palash Ghosh

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.

Mark Fierro, who was previously the CUSO's chief operations officer, was named as interim CEO late last year.

The San Jose, Calif.-based credit union decided to make the change because there were too many other financial institutions with a similar name.

The disaster has caused billions of dollars in damages across several Midwestern states.

The Delray Beach-based credit union entered into the deal as part of a broader expansion push along Florida's Treasure Coast.

Rates have risen, car prices are up and sales are expected to drop by nearly a half-million units this year, but institutions can take steps to ensure minimal impact.

A number of entities within the credit union industry have elected new directors, in addition to announcing other staffing changes.

Mendell Thompson, who has led the California-based institution for 33 years, will leave in March 2020.

Constellation Federal Credit Union has received the OK from members and regulators to merge into $3.4 billion-asset Northwest FCU.

Edward Rostohar was arrested after his wife informed authorities he stole from CBS Employees Federal Credit Union and was preparing to flee the country.

CUSO Financial Services, which was acquired by Atria Wealth Services in 2017, is being sued for allegedly violating FINRA rules.