Credit unions

The Arlington-based institution made gains across several metrics in 2020, including loan growth of 22%, driven in part by the mortgage refi boom.

David Murphy, the credit union's vice president of risk and finance, will succeed Carol Adler, who is retiring.

Some institutions have experimented with cash-based rewards to kick-start membership growth, but it's unclear whether the strategy will be widely adopted.

Paul Marsh resigned as president and CEO of the South Bend, Ind., credit union on Tuesday after 30 years there. An interim chief has been named and the board is searching for a permanent successor.

CUNA Mutual Group's latest Credit Union Trends Report shows consumers continue to deleverage thanks to stimulus payments and cash-out refinancing, though membership picked up slightly.

Early in the pandemic, Michigan's Astera Credit Union realized that if it could not support touchless transactions, its members were likely to go elsewhere.

Timothy Collia will step down from the Portsmouth, N.H.-based institution later this year. A search for his successor is already underway.

Changes to CDFI Fund regulations could make it significantly easier to raise the capital required to get a new institution off the ground.

Twelve months after the public health emergency began, executives say it forced them to reexamine where employees work, retail strategies, office layouts and more.

Early in the pandemic, Michigan's Astera Credit Union realized that if it could not support touchless transactions, its members were likely to go elsewhere.

Several organizations serving the industry are speaking out following a series of murders in Atlanta.

Jay Murray has spent 30 years with the corporate credit union but plans to leave in June to spend more time with family.

About 2,000 credit unions will receive a disbursement in connection with the failure of three corporates during the financial crisis, but the agency indicated nearly $2 billion in additional payments could be coming.

The Rhode Island institution's next CEO has led lending operations at nearby Navigant Credit Union since 2017.

As the refi boom continues, many lenders will need to find the right balance of staffing and technology to meet members’ needs.

A new report from the regulator shows slower growth in membership and lending, as well as a decline in the number of credit unions reporting profits.

A new study from Black Kite outlines a variety of threats facing the industry and pinpoints the average cost of a breach at large and small institutions alike.

Seven years after regulators issued guidance to financial institutions, a small Michigan credit union was ordered to stop opening new accounts for marijuana businesses.

The proposed legislation is similar to a package put forward in 2020 and another introduced in the House in 2019.

The new group is made up of leaders from institutions with assets of $300 million or less and aims to help foster collaboration, mentorship opportunities and more.