Some credit unions are creating entirely new positions at their institutions to manage growth while others are placing industry veterans into roles to better manage expansion efforts.

Borrowers with poor credit make up less than 15% of the industry's total auto loan portfolio. That has shielded CUs from some delinquency issues, but some say it raises questions about whether the movement is reaching the consumers it was chartered to serve.

One credit union economist says tit-for-tat on tariffs could slow economic growth but will not result in an economic downturn.

The East Lansing-based credit union plans to open two branches in the Traverse City area, more than three hours north of its headquarters.

Credit unions are doing good in their hometowns in a variety of ways, including giving one middle school student an award for her business plan for a food truck.

It's admirable that the National Credit Union Administration wants to make opening a de novo easier but organizers will still face challenges in raising the necessary funds to launch a new credit union.

Online lenders now have close to 40% of the unsecured personal loan market, much of which is refinanced credit card debt. Some financial institutions' card portfolios are taking a hit.

The California-based institution posted growth in loans but saw net income fall from a year earlier.

During its monthly meeting, the National Credit Union Administration board also approved a proposal to increase CU access to non-member deposits, a move bankers are already railing against.

A closer look at a new plan from the Department of Labor still finds room for improvement, but is generally seen as markedly better than Obama-era rule that was rejected at the last minute.

Credit unions have announced new hires and promotions in areas such as human resources, business development and digital delivery.

The McLean, Va.-based institution said that its capital hit a record $2.5 billion last year.

CUNA and NAFCU have filed amicus briefs supporting the world’s largest credit union in a suit they say could set a precedent for CUs across the country.

Congress is considering multiple bills that could ease suspicious activity reports and beneficial ownership requirements, though its unclear how much support each measure has.

While regulation and nonbank competition are spooking some banks and credit unions, others believe low funding costs and the right relationships can help them succeed.

There have been six of these transactions announced this year and more are likely as credit unions look for loan and deposit growth.

The community-chartered credit union will now serve nine new counties following two years of reporting 2% or less in membership growth.

The Alabama-based CU will continue to look for a permanent replacement for longtime CEO, who is retiring in June.

All-electric, zero-emission vehicles make up less than 2% of the market, but a handful of credit unions see an opportunity despite some unusual variables.

The credit union regulator’s proposal to raise the appraisal threshold for nonresidential real estate loans won’t harm the economy or consumers, contrary to critics’ claims.