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A report from CO-OP Financial Services showed how credit union members' spending patterns adapted to social distancing during April.
May 14 -
The Independent Community Bankers of America would not rule out legal action if Congress doesn't address the National Credit Union Administration's recent decision expanding the low-income designation.
May 13 -
Industry groups also supported Democrat Christy Smith in a special election in California, though it appeared likely she would lose the bid.
May 13 -
Cybyer criminals have become more aggressive as employees are working from home. Credit unions should take these steps to ensure they block those efforts.
May 13
NetSPI -
The Ohio Democrat's criticism of Rodney Hood, chairman of the National Credit Union Administration, echoed complaints from bankers that the regulator was using the chaos from the pandemic to push through changes.
May 12 -
Despite some improvements, almost one-quarter of respondents to a LendEDU survey were still waiting on their relief checks and those consumers are more likely to take on additional credit card debt.
May 12 -
Suncoast Credit Union and Apollo Bank have called off their plans to merge.
May 12 -
The Georgia-based credit union hopes to gain more flexibility to widen its field of membership by switching from a federal charter.
May 12 -
C&NW Proviso, which has no website or online services, will gain a slate of new products and additional locations from the deal.
May 12 -
In announcing its plan to offer a deposit account and debit card in partnership with SoFi, the mobile phone maker suggested that the coronavirus pandemic will accelerate consumers’ adoption of contactless payments.
May 12 -
All 11 corporates have signed on as agent members of the CLF, boosting its borrowing authority by $13 billion.
May 11 -
Hofts spent more than three decades serving the credit union movement across multiple states, including as CEO of the Kansas CU League.
May 11 -
The Summerville, S.C.-based institution will also close two branches as part of a broader strategic effort to better service members.
May 11 -
Rodney Hood, chairman of the National Credit Union Administration, will testify before the Senate Banking Committee about how the regulator and the industry have responded to the coronavirus pandemic.
May 11 -
Employees want to work for organizations that focus on a number of areas, such as diversity, flexibility and professional development. Credit unions that don't prioritize this beware.
May 11
Beehive Strategic Communication -
Institutions need to think about revenue streams and portfolio diversification as the coronavirus affects much of the U.S. economy.
May 8
Alliant Credit Union -
Members of West York Area School District Employees Federal Credit Union approved the merger into First Capital, and the deal is expected to close this summer.
May 8 -
Ronald Belle will lead the Rome, N.Y.-based institution after Mark Pfisterer retires.
May 8 -
Local 229 IBEW Federal Credit Union, which had less than $2 million in assets, has merged into White Rose Credit Union.
May 7 -
The Independent Community Bankers of America accused the National Credit Union Administration of using the coronavirus to usher in additional changes without the normal amount of scrutiny.
May 7

















