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Two board members for the credit union regulator spoke during a NAFCU event, highlighting liquidity issues, plans for new departments at the agency and more.
September 15 -
The $282 million-asset institution's new name is intended to build on its work with underserved communities around St. Louis.
September 15 -
The Credit Union Cherry Blossom Run, the industry's biggest annual philanthropic event, saw a nearly 10% increase in giving this year despite being canceled.
September 15 -
It's unlikely that lawmakers will pass new coronavirus-related legislation before Congress leaves for its October recess.
September 14 -
Over the last six months, the movement has shown it is ready to step up during challenging times, including doubling down on service and rolling out new digital products.
September 14
National Association of Federally-Insured Credit Unions -
Federal credit unions still account for more than 60% of active institutions, but their share of total assets continues to shrink.
September 14 -
For all the damage from the pandemic and economic downturn, this crisis has not impacted liquidity. Lawmakers would be foolish to permanently alter the Central Liquidity Facility.
September 11
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Members are completing more of their banking online than ever before, forcing many institutions to rethink their strategies for physical locations.
September 11 -
A new program will provide tuition-free schooling opportunities for those who stayed on the job during the state's lockdown earlier this year.
September 10 -
A trio of small credit unions designated as minority depository institutions have been matched with larger institutions to improve outreach to low-income and underserved consumers.
September 10 -
The pandemic and economic downturn upended most institutions' advertising plans for the year, and many credit unions have had to adjust not only their messaging but also the loan products they are promoting.
September 10 -
Sandra Sagehorn-Elliott will take over as the president and CEO of the Tucson, Ariz.-based institution next month, having served as chief operating officer of two different credit unions.
September 9 -
The industry saw small gains in many loan categories during the second quarter, but credit cards declined. A new study from WalletHub shows the biggest quarterly drop in credit card balances in over 30 years.
September 9 -
A recent victory for Navy Federal opens diversity jurisdiction to federally chartered credit unions, allowing them to more easily bring matters before federal courts.
September 9 -
In congressional testimony, the director of the credit union regulator's Office of Minority and Women Inclusion outlined steps the agency is taking to increase diversity at the agency.
September 8 -
Thanks to a donation from the Credit Union Federation of Korea, the global trade group is working with international partners to distribute personal protective equipment to institutions in need.
September 8 -
A new jobs report was better than expected, but recent NCUA data on credit union performance for the first half of 2020 shows how hard the industry has been hit by COVID-19.
September 8 -
A new report from the National Credit Union Administration shows how hard the industry was hit during the second quarter as businesses closed and consumer spending dropped.
September 8 -
Institutions considering new technologies must ask themselves what they're looking for not just from a product but from a partner.
September 4
PenFed -
Wallace Watanabe spent more than 40 years at the Honolulu-based credit union, including serving as CEO from 1992 until his retirement in 2013.
September 4

















