Washington

At one time 27 CUs served the store’s employees, and the closure of the last one is a microcosm of the issues plaguing many single-SEG credit unions.

Amazon’s transit-friendly posture should provide momentum for digital ticketing and other subway improvements in Queens, N.Y., and northern Virginia — and if recent history is any indication, Amazon may take an active role in improving that infrastructure.

The Northwest Credit Union Association is one of a slew of groups across Washington asking State Rep. Matt Shea to return more than $30,000 in campaign funds following the release of a controversial document and video.

Currently running for a fourth term in Congress, former credit union employee Denny Heck is a vocal proponent of changes to NCUA's risk-based capital rule and other industry priorities.

Elliot Gregg, who led the institution for almost 20 years, will serve as president emeritus until his retirement in January.

Larry Hoff, retired CEO of Fibre Federal Credit Union, is running for a seat in Washington's state legislature – his first foray into politics.

The trade group says credit unions will have access to a variety of state and federal resources.

Sound Credit Union in Tacoma, Wash., has agreed to buy Bank of Washington in Lynnewood.

While credit unions are increasingly gobbling up community banks, this deal is the first of its kind in Washington State.

Washington Federal in Seattle allowed Anchor Bancorp to find another buyer after BSA issues forced it to withdraw its merger application.

Many financial institutions are unaware that they're banking marijuana-related businesses, pot bankers and regtech experts say.

The Washington-based credit union worked with the state chapter of the National Federation of the Blind to improve website accessibility.

JetStream FCU’s Jeanne Kucey says her greatest goal as NAFCU board chair is regulatory relief for credit unions, and she'll do whatever she can to achieve that in the year ahead.

The company will pay $191 million for Skagit Bancorp, a deposit-rich bank in Washington's North Sound region.

Anchor will be sold to FS Bancorp after agreeing to terminate a deal with Washington Federal. The original deal had been delayed as Washington Federal dealt with BSA issues.

The three-state league will serve 180 credit unions with more than 6.5 million members.

Terri Salstrom has been with the credit union for more than 35 years, with 25 of those years as president and CEO of the $245 million-asset institution.

Jeff Deuel will take over as CEO of Heritage Bank in Olympia, Wash., for Brian Vance, who will remain as the head of the holding company until next year.

Coastal Financial in Everett, Wash., said that it could be active in M&A with capital from its IPO and that it has already identified several possible targets.

The deal is designed to improve capital ratios and reduce risk at the Seattle company.