Credit unions

Vibrant Credit Union sees great value in converting its members to mobile and digital payments. And days like Amazon Prime Day can be critical for its digital wallet strategy.

Vibrant Credit Union sees great value in converting its members to mobile and digital payments. And days like Amazon Prime Day can be critical for its digital wallet strategy.

Vizo Financial Corporate Credit Union held its board election while other organizations announced promotions and awards.

First Commerce Credit Union's agreement to buy Citizens Bank brings to 14 the number of deals this year in which a credit union is buying a bank.

Credit unions are upping their involvement in all things related to payments in an attempt to bolster the bottom line and ensure they keep up with the competition.

An increase in credit union acquisitions of banks has been a blow to the morale of many commercial bankers, and some of their trade organizations are trying to slow down the trend. There may be little they can do.

Despite state charters' best gains in four years, their ranks continue to shrink at a pace nearly equal to that of federal charters.

Elevations' purchase of Cache Bank & Trust would be the first credit union acquisition of a bank in the state.

The co-head of the bank’s securities division, 55, was once seen as a possible CEO; the institutions are gobbling up small banks at a record pace, prompting pushback from banks.

The proposal's aim is to ensure borrowers are treated fairly and would require companies, including CUSOs, to submit licensing applications.

On Mar. 31, 2019. Dollars in thousands.

On Mar. 31, 2019. Dollars in thousands.

Banks are expected to appeal last week’s field of membership ruling, but credit unions must also explain why part of their new rule doesn't discriminate.

Nearly three years after NCUA passed the rule, credit unions are ready to broaden their reach, but the possibility of an appeal to the Supreme Court may put those efforts on hold.

A panel of federal appeals court judges reversed a district court’s decision on the NCUA’s controversial field-of-membership rule, but saw merit in bankers’ claims of potential redlining.

A panel of federal appeals court judges reversed a district court’s decision on NCUA’s controversial field-of-membership rule, but saw merit in bankers’ claims of potential redlining.

The loan-aggregation CUSO has partnered with CU Financial Group to offer its members access to a range of insurance carriers.

Banks are under competitive and regulatory pressure to either compete or partner with fintechs that support services such as mobile payments, and credit unions are in the same boat — though with a very different challenge at the start.

On Mar. 31, 2019. Dollars in thousands.

On Mar. 31, 2019. Dollars in thousands.