Nebraska

The Papillion, Neb.-based credit union has appointed Chief Operations Officer Robin Larsen to succeed Gail DeBoer.

Referendums that legalized marijuana and sports wagering in several states could incentivize banks to do business with companies in these sectors. Payday loan and privacy measures that passed Tuesday also have implications for the industry.

The trade group supported 11 incumbents running for re-election, including the embattled Maine Sen. Susan Collins, and may have helped Republicans maintain control of the Senate.

Industry groups also supported Democrat Christy Smith in a special election in California, though it appeared likely she would lose the bid.

N.W. Iowa CU has agreed to merge into Siouxland FCU, citing rising technology costs and an increasingly complex compliance environment.

Nebraska bankers sued after MembersOwn Credit Union successfully added eight counties to its field of membership last year.

Now known as Explorers Credit Union, the Yankton, S.D.-based shop serves consumers across South Dakota and Nebraska.

Ericson State Bank, which had been in regulators’ sights for a decade, was closed by state and federal authorities Friday. Another bank acquired all of its deposits and a fraction of its assets.

One bill would tax credit unions in the Sunflower State with at least $100 million in assets.

Cobalt Credit Union will absorb Community Hope FCU after being approached by the National Credit Union Administration.