Credit unions

Financial firms must follow customers from mobile devices to desktop and back without missing a beat.

Geoff Johnson will have a broader strategic role at the CUSO and will interact with the board more.

Gerri Sexsion, who has led the credit union since 1997, is set to retire in early 2019.

Jefferson Financial Federal Credit Union will gain three locations, along with $138 million in loans, as part of the transaction.

A dozen additional credit unions have signed on with the service to help review vendor contracts in order to improve efficiencies and cut costs.

The House of Representatives passed two bills that would tie appraisal waivers for Small Business Administration loans to bank rules for commercial real estate loans, despite objections from the Appraisal Institute about its members being cut out of transactions.

The senator’s bill to reform the 40-year-old law and expand housing investments could gain clout as Democrats look to pick up congressional seats and she eyes a presidential run.

The report from an advocacy group that focuses on college affordability says schools need to do a better job of educating students about their eligibility for federal loans, which typically carry lower interest rates than loans from private-sector lenders like credit unions.

Zelle doesn't require a bank or credit union to participate in its network to allow it to receive funds; so even Zelle holdouts will see some activity on their accounts. This allows credit unions to compare members' demand to usage, and to determine whether signing up with Zelle is worth the trade-offs.

Sound Credit Union in Tacoma, Wash., has agreed to buy Bank of Washington in Lynnewood.