Corporate governance

The federal regulator released its quarterly report showing which states are experiencing the fastest and slowest growth in a number of key areas from loans to deposits and more.

St. Cloud Federal Credit Union, a $116-million institution based in St. Cloud, Minn., said it has launched a new "brand package" which features a new logo and the slogan: "bank on a meaningful difference."

The League of Southeastern Credit Unions (LSCU), which represents CUs in Florida and Alabama, is preparing to roll out the latest round of ads in its cooperative image campaign, which has helped boost credit union membership in both states.

More than a year after CUNA declared that credit unions had surpassed the 100 million-member mark, NCUA today confirmed it, citing that membership at federally insured CUs rose to 101 million members in the quarter ending June 30.

CoVantage Credit Union in Antigo, Wis., has agreed to buy a branch from Baraboo Bancorp.

Great Lakes Credit Union on Wednesday said its Sept. 1 merger with McHenry County Federal Credit Union will result in the larger GLCU picking up two new branches in McHenry County.

While credit unions have always catered to a wide variety of employee and community groups, among the most unusual may be the Amish and Mennonites. Credit Union Journal spoke to three institutions in this marketplace to get a better picture of what it's like to work with these largely isolated faith-based communities.

Illinois Educators Credit Union in Springfield has named Jody Dabrowski its chief executive, succeeding the retiring Gene Taylor. Dabrowski was an assistant vice president of risk management at the $668 million-asset Community Choice Credit Union in Farmington Hills, Mich.

Time is running out to submit nominations to Credit Union Journal's 2015 Best Practices Awards program. Submissions are being accepted through Tuesday.

NCUA announced it has approved a charter for Redeemer Federal Credit Union, making it the fourth new federally chartered credit union of 2015.

MADISON, Wis. — CUNA on Wednesday announced the four recipients of the 2015 Community Credit Union of the Year Award.

Avadian Credit Union in Birmingham, Ala., has agreed to buy American Bank of Huntsville in Alabama.

The Mountain West Credit Union Foundation in Denver has consolidated several programs into a single center for leadership development.

Credit Unions for Kids is inviting CUs across the United States to participate in Shop for Miracles, a one-day CU4Kids program that will raise funds for local Children's Miracle Network Hospitals on Thursday, Oct. 15.

While banks have been backing away from branching, a recent study by SNL Financial that credit unions have been adding more new branches the last couple of years.

OSHKOSH, Wis. — The credit union that once merged three successful institutions into one continues to grow, with Verve, A Credit Union, announcing a completion date for its merger with Community CU of La Crosse.

Credit union loan balances grew at an 11% annualized pace in June, while loan delinquency rates fell, according to the latest Credit Union Trends Report from CUNA Mutual Group.

CUNA Mutual Group funded a study by the Filene Research Institute aimed at measuring the growth potential for credit unions in member business lending. The study comes as the federal regulator is considering easing restrictions on MBLs.

A trio of credit unions share how they're changing their branching footprint, from coffee shop chic to no-frills virtual branches.

Credit union executives are more optimistic about how their CUs are doing, reflecting the boost in some key economic indicators, according to Catalyst Corporate FCU's most recent CEO Confidence Survey.