Credit unions

The banking industry is unduly worried that recent credit union deals could open the door for anyone to join.

Shane Knighton, who previously worked at Member Business Lending, will take over for the retiring Gordon Dames, who served as interim CEO.

The credit union service organization based in Florida has returned more than $500 million in patronage dividends since 1994.

Slumping stock prices may force banks to press pause, but the need for low-cost deposits and scale could provide a spark later this year.

Both sides acknowledge where expectations haven't been met, and are feeling the same market pressures to adapt faster.

Both sides acknowledge where expectations haven't been met, and are feeling the same market pressures to adapt faster.

Greater Commercial Lending has targeted making loans in some unique sectors, including mining and renewable energy, after launching in January.

The move is sure to draw criticism from bankers because it would allow credit unions to compete for backing from private investors.

David Fearing will take over at Accolade Asset/Liability Advisory Services as Joe Ghammashi retires.

Three different methodologies will be tested in the pilot program, which is expected to last about three years.

The Ponca City-based institution becomes the first credit union in Oklahoma to join CU*Answers.

CUNA Mutual, a service provider to credit unions, recently bought Mirador, which is heavily dependent on bank relationships. The challenge now is keeping those clients in the fold.

CU*Answers is working with VantageScore, and now its institutions will be able to get additional information on members' credit history.

Executives urged the consumer bureau at a public meeting to keep a closer eye on artificial intelligence innovations developed by fintech firms that are subject to less regulation.

Mirador's digital-lending platform lets banks and credit unions make decisions on loans within 24 hours.

On Jun. 30, 2018. Dollars in thousands.

Credit unions have hired executives away from banks for years. Now banks are returning the favor.

Citizens Community Bancorp is selling its Rochester Hills, Mich., office to Lake Michigan Credit Union.

On Jun. 30, 2018. Dollars in thousands.

On Jun. 30, 2018. Dollars in thousands.