Palash Ghosh

Crane CU recognizes top teller, execs elected to key boards and more CU reps in the news.

North Carolina has witnessed wave after wave of banking mergers and consolidations in recnet years, but analysts are mixed on whether or not the credit union can keep its vow in the modern economic landscape.

Tiny Kalamazoo Building Trades CU will merge into KALSEE Credit Union following its CEO's retirement and losses of more than $50,000 for each of the last two years.

Bob Marquette led the credit union for 31 years, overseeing an increase in assets from $400 million to more than $3.6 billion.

The combined institution will have more than $600 million in assets and serve more than 62,000 members.

CUNA CFO Council announces excellence awards and more credit union professionals in the news.

The credit union saw assets grow by 12.6 percent at the end of May, as it climbs ever-closer to the $5 billion-asset mark.

The half-dozen former credit union employees are barred form partcipating in the affairs of any federally insured financial institution.

The New York regulator's move is aimed at giving credit unions more opportunities to recruit new members and serve existing members.

Timothy Barthel will succeed Georgine Levine, who passed away in August 2016.

Credit union in the Great Lakes State saw continued improvement in the first quarter of 2017 as the state added more than 10,000 jobs and unemployment continued to decline.

A 99-year-old finally retires at one CU while another credit union recognizes its employee of the year.

The Everett, Wash.-based credit union said it expects to see substantial savings as a result of the conversion.

Longtime Apple FCU staffer Andrew Grimm will take the helm from Larry Kelly, who is retiring at the end of June.

The third conservatorship in as many business days, the $236 million CU is the latest to fall prey to taxi medallion loan problems.

Bernstein will retire from the Colorado Springs-based credit union in October, at which time current EVP Chad Graves will take the helm.

Corporate One FCU has teamed up with San Francisco-based Roostify to provide CUs and CUSOs with a streamlined digital mortgage platform.

The merger is expected to be completed by the end of November.

Recruiting a strong lending team, board elections, special awards and more credit union professionals in the news.

Regulators cited "unsafe and unsound" practices at the credit union, which has assets of more than $76 million and turned a small profit in each of the last two years.