Credit unions

On Sep. 30, 2021. Dollars in thousands.

On Sep. 30, 2021. Dollars in thousands.

Mary Madden joined the New York credit union in 1995 and has been its chief executive since 2002.

The Community Bankers Association of Illinois has proposed legislation to discourage credit union-bank mergers by imposing a fee that credit unions would have to pay when they purchase banks. Six Illinois community banks have been sold to credit unions since 2019.

Premier Bank is appealing the Nebraska Department of Banking and Finance's decision to block its sale to GreenState Credit Union.

The Louisiana Credit Union League is nearing the launch of a social network that will allow its constituents to stay in touch even when they can't meet in person, whether due to the pandemic or natural disasters.

J. Kevin Ryan is succeeded by Cameron Minges, who became the credit union's president a year ago.

The economic and political conditions are in place for bank-credit union mergers to blow past last year's total of 13 despite the banking industry's strong opposition to them.

VyStar Credit Union in Jacksonville has been certified as a community development financial institution.

Joseph L. McGee, who has run the credit union for more than 20 years, will step down in March. Glenn Bryan, chief operating officer, has been named his successor.