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  • Credit unions
    Empower FCU names former bank exec its next CEO

    Ryan McIntyre will become president and CEO of Empower Federal Credit Union in Syracuse, New York, on Jan 3. He was most recently chief strategy officer at VyStar Credit Union and worked at Regions Bank for 15 years.

    By Ken McCarthy
    December 15
    McIntyre-Ryan-Empower-FCU-CEO-121522
  • Credit unions
    Snowbird strategy: Michigan credit union buying Florida bank

    Dort Financial Credit Union in Grand Blanc, Michigan, has agreed to buy Flagler Bank in South Florida. The deal would allow Dort "to better serve our members who spend winters in Florida," its CEO says.

    By Ken McCarthy
    December 14
  • Credit unions
    'We aren't being recognized': Workers' union bid at one financial institution

    Employees of a Lake Michigan Credit Union branch say they're fighting to organize after upper management failed to respond to their complaints about pay disparity, COVID-19 benefits and more.

    By Frank Gargano
    December 13
  • Credit unions
    NCUA places tiny Indiana credit union into conservatorship

    Citing "unsafe and unsound practices," the National Credit Union Administration has temporarily taken charge of Richmond City Employees Federal Credit Union.

    By Ken McCarthy
    December 13
    NCUA HQ (2)
  • Credit unions
    NCUA permission for all-virtual annual meetings set to expire

    The National Credit Union Administration's emergency exemption allowing for remote board and membership meetings at federally chartered institutions is scheduled to lapse at year-end. The agency's chairman recommended hybrid meetings as an option that can satisfy traditional meeting requirements.

    By Frank Gargano
    December 9
    NCUA HQ (4)
  • Credit unions
    Remote work debate rages on at credit unions nearly three years into pandemic

    Many U.S. companies — including JPMorgan Chase, Morgan Stanley and Apple — have drawn attention for increasing pressure on employees to show up more at the office as COVID-19 concerns ebb. Some credit unions have taken similar steps, while others still insist a hybrid schedule is better for recruitment.

    By Ken McCarthy
    December 9
    Greg Mitchell, president and CEO of First Tech Fed; Navy Federal's Britt Bloch; Pinnacle CU's CEO Matt Selke
  • Credit unions
    Skyla Credit Union expanding to California, Virginia through merger

    Skyla Credit Union in Charlotte, North Carolina, plans to add 9,600 members and $265 million of assets through its deal with Parsons Federal Credit Union.

    By Ken McCarthy
    December 7
    Charlotte North Carolina skyline
  • Credit unions
    Iowa credit union buying community bank to enter Minnesota

    Veridian Credit Union's deal for American Investors Bank and Mortgage is the 12th this year in which a credit union would acquire a bank.

    By Ken McCarthy
    December 6
  • Credit unions
    Banks, credit unions respond to attack on power grid in North Carolina

    Roughly 40,000 residents of Moore County have been left without power since Saturday, when gunfire damaged two substations. Financial institutions are urging residents to use online banking and call centers if they do not have access to a branch.

    By Frank Gargano
    December 5
    Power lineman repairing pole
  • Credit unions
    NorState Federal Credit Union's first female CEO to retire

    Susan Whitehead is stepping down after nearly 10 years as the Maine credit union's chief executive. A successor has not been named.

    By Ken McCarthy
    December 5
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Innovation of the Year 2025

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© 2025 Arizent. All rights reserved.
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© 2025 Arizent. All rights reserved.