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  • Credit unions
    An Arizona credit union's plan to support local businesses equitably

    OneAZ Credit Union built a vendor diversity database, based on a program from Arizona State University, to guide its spending at small businesses. It plans to allow other financial institutions to access this system as well.

    By Frank Gargano
    June 16
  • Credit unions
    VyStar Credit Union calls off purchase of Heritage Southeast Bank

    VyStar's deal for the $1.7 billion-asset Georgia bank, the largest bank to agree to be sold to a credit union, was terminated after numerous delays and difficulties in obtaining regulatory approval.

    By Frank Gargano
    June 15
    VyStar Credit Union branch Orange City Florida
  • Credit unions
    Used-car loans lead credit union lending surge

    Credit unions enjoyed especially strong loan demand from car buyers — helping to push overall loan growth to twice the rate of what banks saw in the first quarter — following a lull stemming from pandemic-era setbacks.

    By Ken McCarthy
    June 15
  • Credit unions
    BECU chief executive retiring at end of 2022

    Benson Porter will conclude more than 10 years at the helm of BECU, the fourth-largest credit union in the country.

    By Frank Gargano
    June 14
    Benson Porter, BECU
  • Regulation and compliance
    CFPB seeks input on customer service issues at large banks, credit unions

    Consumer Financial Protection Bureau Director Rohit Chopra wants to determine if people are able to get prompt responses from the 175 banks and credit unions with more than $10 billion of assets.

    By Kate Berry
    June 14
    CFPB entrance
  • Credit unions
    CEO of Discovery Federal Credit Union in Pennsylvania to retire

    Edwin L. Williams, who has been at the helm since 1997, will step down as president and chief executive at the end of the year.

    By Frank Gargano
    June 14
  • Credit unions
    When will depositors start shopping for higher rates?

    With household expenses and borrowing costs spiking, banks are bracing for depositors to demand more interest. The only question is how much longer bankers can hold out.

    By Jim Dobbs
    June 13
    First Fed Bank
  • Credit unions
    Hoosier Hills, Dearborn County credit unions in Indiana merging

    The smaller credit union, Dearborn County, sought a merger partner as a way to address its aging technology and shrinking membership pool.

    By Victoria Zhuang
    June 13
  • Credit unions
    More than 60% of credit unions at risk for climate-related losses: Report

    Accounting for roughly $1.2 trillion of assets, many credit unions are physically and financially endangered by climate change, according to a new study.

    By Victoria Zhuang
    June 13
  • Credit unions
    NCUA Chairman Todd Harper gets Senate confirmation for a full term

    Harper, who was initially chosen to replace Debbie Matz as chair after her retirement, will lead the National Credit Union Administration until 2027.

    By Frank Gargano
    June 9
    NCUA Chairman Todd Harper
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Innovation of the Year 2025

The 10 most groundbreaking tech projects and bank-fintech partnerships that are moving financial services forward

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