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Members of tiny CARCO Federal Credit Union have voted to approve a merger into Educational Systems FCU.
September 9 -
FedNow will provide another option for real-time payments but executives will have to decide if this option is right for their institution.
September 9
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As credit union leaders converge on Washington, here's a look at some of the biggest legislative and regulatory issues facing the industry – and what it might take to move the needle.
September 9 -
Credit unions are banding together to support for those in need by making donations, giving out scholarships and more.
September 6 -
Despite state charters' best gains in four years, their ranks continue to shrink at a pace nearly equal to that of federal charters.
September 6 -
There's been a significant lag in how financial institutions serve commercial clients with mobile technology, and that creates an opportunity for credit unions.
September 6
Finastra -
The NCUA said credit unions can now serve hemp businesses but uncertainty remains around important issues like due diligence.
September 6 -
Some in the credit union industry were recognized for their dedication while others took on new jobs or were promoted to new challenges.
September 5 -
David Justice, chief operating officer, will take over for the retiring RaAnn Wood on Nov. 1.
September 5 -
The merger of Cornerstone Community Credit Union into the Moline, Ill.-based Vibrant is expected to close on Oct. 1.
September 5 -
The industry has taken some steps to lower barriers to affordable housing, but some observers say that more can be done.
September 5 -
With legal questions still lingering, the regulator said it will begin accepting applications from credit unions looking to take advantage of its revised field of membership rule but did not specify when it would take action on those submissions.
September 4 -
Loans and net income continued to rise while delinquency rates improved. Other major trends continue, including ongoing consolidation amid sustained membership growth.
September 4 -
The Poughkeepsie, N.Y.-based institution will be able to serve a dozen counties after the change takes effect on Oct. 1.
September 4 -
With its CEO planning to retire, Penobscot County Federal Credit Union has agreed to merge with The County FCU.
September 4 -
Elevations Credit Union has agreed to buy the assets of Cache Bank & Trust.
September 4 -
Citing insurance concerns, Anchorage-based Credit Union 1 shut down its marijuana-banking pilot program after less than one year. The move reflects lingering hesitation around banking the industry.
September 4 -
Credit unions announced new regional and branch managers in addition to hires in the loan origination department.
September 3 -
James Farrell, who ran New Haven County Credit Union from 1992 to 2015, transferred funds from the CU's general ledger into the account of a local business.
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