Americas

Haegelin spent several decades in the credit union movement, including helping found the nonprofit Credit Unions for Kids.

Aissatou Barry-Fall, a 30-year veteran of the credit union, has been promoted to chief executive.

Members of Niagara Mohawk Power Corp. Troy Employees Federal Credit Union recently voted to merge with Albany-based CAP COM.

Earlier this year, the Southern California credit union was criticized for its directors not representing the demographics of the communities it serves.

The CrossState Credit Union Association continues to work with lawmakers in neighboring New Jersey to get similar legislation passed there.

The National Credit Union Administration issued a prohibition order against a former employee of Members Exchange Credit Union in Mississippi.

RockPoint Bank is on pace to open early next year. The announcement comes two weeks after Craft Bank became Atlanta's first new bank since 2010.

Lenders pushed back against the notion that city dwellers' pandemic-driven flight to suburbia would hurt them. They say fewer landlords have sought deferrals as vacancy rates remain low and rent collections have stabilized.

The Hawaii bank has paid employees who carpool, bike or walk to work. About a third of the workforce bought into the program before the pandemic, and it's expected to continue once life returns to normal.

The Mississippi company said Duane Dewey, the president of its bank, will succeed Gerard Host as CEO in January.