Corporate governance

WAUSAU, Wis. – NCUA has approved an application from Connexus CU to acquire ICON CU in Boise, Idaho, creating a $665-million interstate credit union.

SANTA ROSA, Calif. – Santa Rosa became the latest city to adopt a deposit-local policy, with the City Council passing a resolution to place $1.25 million of city funds with five Sonoma County financial institutions, three of them credit unions.

TAMPA, Fla. – Becoming member-centric is critical to a credit union not just surviving but growing.

ASHWAUBENON, Wis. – Members of Pioneer CU have approved the merger of their $575 million credit union with Kimberly-based Capital CU, creating a $1.2 billion institution to be known as Capital Pioneer CU, with 25 branches in the Green Bay and Appleton areas.

For Christian Financial Credit Union, winning the $2,000 grand prize in NerdWallet's Gen Y Credit Union Contest is the gift that keeps on giving.

Given the number of youth-oriented programs $20 million Syracuse Cooperative Federal Credit Union offers, it was only natural that its latest initiative would involve high schools.

PremierOne Credit Union said its award-winning "Credit Zone" microsite is just one of several initiatives designed to make the CU appealing to young people.

School Employees Credit Union of Washington is a hit on Facebook as it pursues a multi-channel strategy for engaging young people.

KAHULUI, Hawaii – NCUA has approved an application from Maui FCU, which serves more than 50 select groups on the Hawaiian island, to serve all of the island’s 145,000 population.

OGDEN, Utah – NCUA reported today it has approved the merger of Goldenwest CU with USU Charter CU, creating the 209th credit union over $1 billion in assets.

WESTBY, Wis. – Westby Co-Op CU announced plans for an unusual deal this morning in which it will acquire the deposits and loans at Citizens Community Bancorp’s Wisconsin Dells Walmart branch, part of the bank’s plans to close three Walmart branches.

LIVERMORE, Calif. – Operating Engineers FCU has signed with Geezeo to offer the company's Personal Financial Management solution to its members.

To get a better understanding of what Millennial members and prospects want, Affinity Plus Credit Union put one representative on a train.

Affinity Plus FCU has used an internship for college students as a way to get a better understanding of what that generation wants from a financial institution.

FAIRWINDS Credit Union believes a key strategy for improving penetration among potential Gen Y and Millennial members is to make the account-opening process mobile — and much faster.

The National Federation of Community Development Credit Unions has launched a program that aims to increase the number of young people working within the CU movement.

Fiserv has uncovered what it believes to be some key behavioral patterns around Gen Y.

The Illinois CU League is establishing a Young Professionals Group, with an eye toward establishing young professionals on a career track in the credit union industry.

However consumers between the ages of age 18-35 are defined, whether referred to as Gen Y or Millennials or some subset thereof, one person has an entirely different name for them-one that challenges many of the assumptions about these consumers: the High Maintenance Generation.

Looking for an indication of how Millennials will behave as older members? Then take a look at older members.