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Industry figures have begun to speak out in support of demonstrations in the wake of the deaths of George Floyd and other African Americans, and new data is expected to show how the coronavirus impacted balance sheets.
June 8 -
The Credit Union National Association filed the class action suit in 2017 after roughly 147 million people had personal information exposed through a hack of the credit reporting agency.
June 8 -
Prior to the outbreak, members were banned from covering their faces inside branches for security reasons. Now institutions must devise ways to keep everyone healthy and safe.
June 8 -
One criticism of the CARES Act is that it provides relief only to borrowers with government-backed loans. Bills in New York and California would cover the remaining 30% of homeowners.
June 5 -
Michael Moyes has been appointed to replace retiring chief executive Preston Sanders.
June 5 -
Butte Community Federal Credit Union, which previously served just one county, added five more after getting regulatory approval.
June 5 -
The Credit Union National Association has been directed to work with the entire industry to find ways to address discrimination experienced by African Americans.
June 5 -
Credit union executives have led teams through past crises, but the pandemic has created new economic stresses and mental strain that CEOs must address.
June 5 -
A unit of the Huntsville, Ala.-based institution has acquired Ben Porter Realty and rebranded the company as Redstone Family Realty.
June 4 -
The Defense Credit Union Council's annual event is the latest to be scuttled due to the coronavirus as state and national groups make conferences virtual.
June 4 -
The longtime CEO of Local Government Credit Union previously served as chairman of the Credit Union National Association.
June 4 -
The demonstrations following George Floyd's death in police custody are forcing the industry to grapple with how it can — or if it should —advocate for equality and better race relations.
June 4 -
In one of Tuesday's more high-profile primaries, Rep. Kweisi Mfume won the Democratic primary to fill the seat once held by the late Elijah Cummings.
June 3 -
The Warner Robins, Ga.-based institution, which switched to a state charter in 2016, has passed $3 billion in assets.
June 3 -
Financial institutions are trying to determine how to best protect branches as some demonstrations following George Floyd's death turn violent.
June 3 -
Rodney Hood, the first African American to lead a banking agency, said in a deeply personal statement that he was "familiar with the anger and frustration that comes with the everyday challenges and realities surrounding race."
June 2 -
Tom Shoemaker initially took the helm in 2017 on an interim basis after the Albuquerque, N.M.-based credit union called off a merger.
June 2 -
Loan volumes were already slowing before the pandemic. New restrictions and changes in consumer behavior are likely to make growth in this portfolio even harder.
June 2 -
Patricia Sarne was named CEO of San Antonio Citizens Federal Credit Union after former chief executive Tim Baldwin retired.
June 1 -
A trio of former credit union employees received lifetime bans from the financial services industry, including one who was accused of stealing almost $15,000.
June 1




















