Credit unions

On Sep. 30, 2020. Dollars in thousands.

After rising losses in 2020, First Credit Union of Scranton is seeking members' approval to merge into Penn East FCU.

Some in the industry are planning in-person events, but the largest meetings are still unlikely to reconvene for a while.

The credit union regulator's first prohibitions of 2021 relate to misuse of member funds at institutions in Alaska and Florida.

Donna Young, who has spent more than three decades at the Nashville-based credit union, succeeds Joe Spivey, who retired earlier this year.

The credit union expects to open at least eight branches across the country in the months ahead, about half of what it normally adds to its brick-and-mortar network in an average year.

A deal to bring Coulee Dam FCU into the fold will expand the Spokane, Wash.-based credit union's branch network while providing a wider array of technologies to the former CDFCU members.

Kathleen Bierlein Yancer served the Michigan-based institution for more than 30 years before retiring in 2003.

The regulator must rediscover bipartisanship and collaboration while ensuring new regulations don't overstep the Federal Credit Union Act.

The Indiana-based credit union increased its starting pay for the second time in two years as part of a push to boost compensation that began in 2017.