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The Iowa-based bank says its two branches in Naples and Fort Myers were too small a presence to be competitive, so it decided to sell them to DFCU Financial.
September 25
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Industry leaders cautioned the National Credit Union Administration against drafting new regulations to address the financial risks associated with climate change.
June 27
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The category shifted into high gear during the first quarter, but experts predict a severe slowdown based on a growing number of economic concerns.
June 26
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The state where the first U.S. credit union opened in 1909 reported fewer members in the first quarter compared to a year earlier, due in part to the competitive threat from banks.
June 20
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Lake Trust Credit Union in Brighton, Michigan, works with a development agency in Lansing to provide entrepreneurs with the financial and educational support they need to go it alone.
June 16
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For small credit unions, enlisting outside helps accelerate the development of new products — as long as all risks and regulations are properly addressed.
June 14
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Total loans from credit unions increased by nearly 18%, driven in part by car dealerships rebuilding their inventory. Headwinds in the mortgage market also fueled interest in home equity loans.
June 14
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Young people aging out of foster care don't often have the documents or relationships necessary to open an account. First Tech is making changes to address this all-too-common issue.
June 13
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Genesee Co-op Federal Credit Union in Rochester implemented the labor agreement after more than 14 months of bargaining.
June 9
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Local Government Federal Credit Union is postponing its separation from State Employees Credit Union, which has shared its technology and footprint for decades, to establish its own physical presence.
June 9
