Credit Union Latest News

A new report from the National Credit Union Administration shows how hard the industry was hit during the second quarter as businesses closed and consumer spending dropped.

Texas Trust Credit Union boosted loan volumes with a marketing tool inspired by “Game of Thrones,” but gamification strategies can be risky in light of data privacy concerns.

The purchase-and-assumption transaction, if approved, would become the first credit union-bank merger in Alabama.

Larry Sewell has also pledged to continue a series of industrywide conversations on race relations.

A report from CUES shows total compensation growing for members of the C-Suite, but institutions on the smaller end of the asset spectrum — representing two-thirds of the total industry — face stark differences in median CEO pay.

Lenders are struggling to deploy deposits into interest-earning assets, and changes to post-secondary education may further limit these options.

CO-OP, a credit union payments firm, has teamed with the fintech to expand usage of digital payments offerings. But it's unclear to what extent members want those services.

The deal continues Sound's push into markets north of its Tacoma headquarters.

Industry groups are also pushing the federal regulator to improve how off-site examinations are conducted.

Members of Sperry Associates FCU will vote on a deal to merge into the nation's third-largest credit union. Both institutions have roots in serving the defense sector.