Ray Birch

PITTSFIELD, Maine — Sebasticook Valley FCU is stepping in to help employees of the UTC Fire and Security plant here, which will be shutting down next year.

WASHINGTON — Credit union executives are growing more dissatisfied with the examination process, according to the latest numbers from CUNA on CEO exam satisfaction.

WORCESTER, Mass. — Two CU offices here, both located on West Boylston Street, were held up Tuesday.

A new study shows that as brick-and-mortar traffic is declining, so too is the productivity of branch employees.

BIRMINGHAM, Ala. — An update to the Alabama Credit Union Act is headed to this state's governor's desk, and some of the changes include limited liability for boards of directors.

PONTIAC, Mich. — Carma Peters has been named president and CEO of the $155 million Affinity Group Credit Union.

Renee J. Thomas, former president of Community Credit Union, was sentenced Thursday to 18 months in federal prison for embezzlement.

The home, the road and credit card rewards are some key areas CUs are zeroing in on as spring approaches.

TAMPA, Fla. — Bill Cheney's decision to leave CUNA to lead SchoolsFirst FCU not only surprised the credit union community, it also has some executives wondering how the leadership change will impact the trade association's work this year, particularly around the taxation fight.

WASHINGTON — One of the reasons CUNA chose Bill Cheney to lead the trade association in 2010 — his credit union roots — now appear to be the reason why the executive is leaving after just four years at the helm.

WILKES-BARRE, Pa. — The death of Jim Payne, head of Wilkes-Barre City Employees FCU, has been ruled a suicide and the federal investigation surrounding the CU has heated up.

ALEXANDRIA, Va. — James Schenck will become president and CEO of Pentagon Federal CU on April 1, succeeding Frank Pollack, who is retiring after more than 13 years leading the credit union.

HUNTINGTON, Ind. — Huntington Schools CU is now Partners 1st FCU after the two shops finalized a merger this week.

TAMPA, Fla. — From smartphone control of plastic to a growing need for tokenization, all the data breaches that have occurred in the last six months have created a buzz among analysts about how the compromises will affect cardholders and FIs.

ARLINGTON, Va. — NAFCU has introduced its own risk-based capital calculator the trade association says will help credit unions carefully evaluate the impact of NCUA's proposed capital rule on their operations.

WASHINGTON — Mark McWatters shared insights into what kind of regulator he would be if confirmed to a seat on the NCUA board during testimony before the Senate Committee on Banking, Housing, and Urban Affairs Thursday.

WASHINGTON — CUNA President and CEO Bill Cheney is leaving his post in June to take the helm at $9.7 billion SchoolsFirst FCU in Santa Ana, Calif.

ODESSA, Texas — A thief who used a forklift to steal a credit union's ATM last week apparently did not profit from the caper.

ALEXANDRIA, Va. — NCUA chairman Debbie Matz has informed CUNA and NAFCU that the comment period for the agency's risk-based capital proposal will not be extended, the trade associations report.

WILKES-BARRE, Pa. — Jim Payne, head of Wilkes-Barre City Employees FCU, was found dead at his home Monday from a gunshot wound.