Corporate governance

Members of the Houghton Mifflin Harcourt Employees Federal Credit Union, a $6.4-million institution, approved a proposed merger into Hanscom Federal Credit Union, a $1.1-billion entity here, effective July 1.

BALTIMORE — MECU of Baltimore has put $1.5 million back into members accounts in the form of loan interest rebates and dividend returns.

Central Minnesota CU's chief executive on why he’s happy NAFCU is opening membership to all federally insured, state-chartered credit unions.

Pearl Harbor Federal Credit Union changed its name to Pearl Hawaii Federal Credit Union, effective July 1.

In the wake of the recent Supreme Court decision legalizing gay marriage, Equality CU, which plans to cater to the LGBT community, faces a number of road blocks. But the fledgling group offers unique perspective on how all CUs can try to reach this market.

Riverwood-Maritime CU here has been absorbed by Fox Communities Credit Union.

NCUA announced that it has issued a federal charter to ELCA Federal Credit Union, making it the third such new charter for 2015.

Should credit unions pay their directors? That's the question asked in a recent study from Filene Research Institute.

From the interest rate environment to managing regulatory changes, here's what’s top of mind for chief financial officers going into the second half of the year.

The board of directors at Parkside Credit Union announced that Janet B. Thompson will take over as the $87 million CU's president and CEO, effective July 13.

The members of Port of Seattle Federal Credit Union approved a proposed merger with Sound Credit Union, the two CUs announced Thursday.

The National Federation of Community Development Credit Unions has extended the deadline to apply for paid fellowship to study development lending.

LAWRENCEVILLE, Ga. — Peach State FCU here has merged with Richmond Community FCU, an $18 million-asset credit union based in Augusta, Ga., effective Wednesday.

Arizona Central CU has signed a deal with the NBA's Phoenix Suns and the WNBA's Phoenix Mercury.

In a landmark decision, the U.S. Supreme Court ruled that same-sex couples have a constitutional right to marry nationwide. In the wake of this historic ruling that caps the biggest civil rights transformation in a half-century, Credit Union Journal looks back at a report about how CUs can grow their businesses by pitching wedding-related products to same-sex couples.

New data from the League of Southeastern Credit Unions found that CUs in Florida and Alabama added more than 100,000 new members during the first three months of 2015 as well as some other impressive gains.

Officials at NAFCU say they have been considering allowing federally insured, state-chartered, credit unions into the trade group for nearly a decade. NAFCU announced Tuesday that it had changed its bylaws to expand membership to nearly all CUs in the nation.

NAFCU is expanding its membership to include federally insured, state-chartered credit unions, putting it directly at odds with CUNA, which had previously been the only trade representing both federally and state-chartered institutions.

As NCUA re-examines its field of membership statutes, Credit Union Journal turns to the states to see how the federal charter stacks up against those of the states.The data used to compile this report is from the 2014 Profile of State Credit Union Regulatory Agencies published by National Association of State Credit Union Supervisors, unless otherwise noted.

As NCUA re-examines its own field of membership rules in search of opportunities to make it easier for credit unions to grow, it's not just looking inward. The regulator is also looking toward the 45 states that have CU-enabling statutes of their own.