Credit unions

Governor JB Pritzker has nominated Deborah Hagan as secretary of the state's Department of Financial and Professional Regulation, where her duties would include overseeing state-chartered CUs.

California-based CuVantis aims to change the model for how credit unions offer financial planning by offering non-commissioned services to members.

Fairwinds Credit Union's deal for Friends Bank marks the third time this year that a Florida bank has agreed to be sold to a credit union.

A new initiative aims to help small credit unions survive and thrive, but a plethora of trends are working against them.

Katrina Skinner is set to take the helm permanently at Safe Harbor Services, a credit union service organization for financial institutions serving the legal marijuana industry.

Members of both parties want to make it easier for legal cannabis businesses to access financial services, but myriad obstacles stand in the way of that goal.

The credit union service organization said the value of its shares have jumped more than 300 percent over the last seven years.

Nine banks agreed to be sold to credit unions last year. Some industry observers believe that number could double this year.

The Lake Mary, Fla.-based shop will also convert to a state charter and plans to drop the phase "credit union" from its name.

Superior is the latest credit union to announce an acquisition involving a bank.