Texas

Volunteer Income Tax Assistance is reportedly bringing an influx of consumers to credit unions this tax season, but those institutions are hamstrung on the extent to which they can turn that opportunity into new business.

Andy Reed, who currently leads Texas People Federal Credit Union, will become president and CEO of the Dallas-based institution in May.

Speakers at the Credit Union Summit during the 2019 Retail Banking conference offered a host of best practices for embracing new technologies while maintaining high levels of member service.

Low unemployment and the promise of millions of new jobs have some in the industry seeing a chance to increase membership and lending in the Lone Star State.

A partnership between TDECU and a Texas-based fintech will help provide payment plans for consumers struggling to pay legal fees.

Joseph Nowland will take over at the Jacksonville, Fla.-based institution after Gerri Sexsion retires later this month.

Barbara Vitolo will leave Wyrope Williamsport Federal Credit Union this summer once a successor is in place.

East Windsor, N.J.-based McGraw Hill Federal Credit Union will merge into PenFed, the latest in a series of growth moves from the nation's third-largest credit union.

Crystal Long, CEO and president of GECU, is being recognized by the National Credit Union Foundation for her efforts in financial literacy.

The Mississippi company will pay more than $200 million for the parent companies of Texas Star Bank and Summit Bank.