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President and CEO Patty Idol will retire later this year and will be succeeded by EVP Amy Woody. Both have been with the credit union sine 1985.
July 8 -
Jim Nussle, CEO of the Credit Union National Association, recently argued that Congress should do away entirely with FOM requirements. Such a move would further favor credit unions over banks.
July 8
Sound Financial -
The coronavirus has highlighted the issue of millions of Americans lacking access to high-speed internet at their homes. Financial services firms weren't spared from this challenge.
July 8 -
Members of NW Iowa Credit Union soundly rejected merging into Siouxland Federal Credit Union. The pandemic could lead to more unexpected results.
July 7 -
Danny Varnon will serve as the next CEO of the Alabama-based institution after Monte Hill retires in January.
July 7 -
Our third monthly survey found almost six out of 10 employers report that their plans for the return to work are stymied by uncertainty — specifically, a lack of clarity on the right timing, and persistent questions about how to provide a safe environment for their employees.
July 7 -
Some financial institutions are using emotion AI, which picks up subtle signals over text, audio and video, to help their customer service agents do their jobs better.
July 7 -
More than 70% of the industry now has access to the emergency liquidity source, according to the regulator.
July 6 -
The $338 million-asset institution already serves more than 3,000 members in the county who were able to join through affiliations with Harford County.
July 6 -
Executives can become overwhelmed by their newfound influence and responsibility. Here's how to cope.
July 6Sharonview Federal Credit Union -
Small businesses have been hard hit by the pandemic, meaning commercial lenders are considering how they can better manage risk in this portfolio and make other changes to help.
July 6 -
Some consumers have decided to stay home as celebrations have been canceled or scaled back to follow social-distancing guidelines.
July 3 -
Ride-hailing services and public transit were gaining ground until the pandemic struck, but the outbreak has quickly and radically changed how consumers think about buying cars.
July 2
Credit Union Leasing of America -
The credit union has agreed to buy Elberfeld State Bank, broadening its reach in the Evansville, Ind., market.
July 2 -
The report from the regulator offers an industry-wide look at how credit unions have fared during the pandemic. Since the outbreak worsened in April and into May, credit quality could possibly worsen while earnings may sag even further.
July 2 -
The credit union regulator has not yet announced an agenda, but the meeting could potentially include mattes related to field of membership and risk-based net worth.
July 1 -
In spite of the pandemic, the Columbus, Ohio-based corporate credit union was able to return the funds to some owners on the strength of strong earnings through the firs two quarters.
July 1 -
Christina O’Brien has worked at the Warner Robins, Ga.-based credit union for almost 30 years in a variety of roles.
July 1 -
The Consumer Financial Protection Bureau's leadership structure could be set for a revamp, but there may be political reasons for both parties to maintain the status quo. Either option could prove problematic for the industry.
July 1 -
The Greenville, S.C.-based institution will gain three branches and about $100 million in assets if members of Anderson Federal Credit Union approve the transaction.
June 30
















