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Kent Oram will step down on Dec. 31 after more than 15 years as president and chief executive of ICCU.
June 24 -
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Participants in the sale of banks to credit unions may need to do a better job of due diligence and gauging the receptivity of their regulators to such deals, experts say in response to the cancellation of VyStar Credit Union's agreement to buy Heritage Southeast Bank.
June 23 -
Bruce Leighton will step down as president and chief executive in September.
June 21 -
Net income at America's Credit Union in Washington state jumped by about $5 million after it wound down an indirect auto loan program and deployed technology that automates decision-making.
June 21 -
Fumbi Chima, who was previously Adidas' chief information officer, has introduced robotic process automation and other systems to make it easier for the fourth-largest U.S. credit union to work with fintechs and improve member service.
June 17 -
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.
June 16 -
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.
June 15 -
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.
June 15 -
Benson Porter will conclude more than 10 years at the helm of BECU, the fourth-largest credit union in the country.
June 14 -
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.
June 14 -
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.
June 14 -
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.
June 13 -
The smaller credit union, Dearborn County, sought a merger partner as a way to address its aging technology and shrinking membership pool.
June 13 -
Accounting for roughly $1.2 trillion of assets, many credit unions are physically and financially endangered by climate change, according to a new study.
June 13 -
Harper, who was initially chosen to replace Debbie Matz as chair after her retirement, will lead the National Credit Union Administration until 2027.
June 9 -
The nonprofit First Step Alliance is working to launch Diverge Federal Credit Union, which plans to offer loans to cover the costs of gender affirmation surgery for individuals and adoption for same-sex couples.
June 9 -
The products MSU Federal Credit Union in Michigan is developing for transgender and nonbinary members also appeal to international and indigenous people, who often go by names that don't match their birth certificates.
June 8 -
Arlington Community Federal Credit Union is combining with InFirst FCU, whose chief executive is retiring at the end of this year.
June 7 -
Gary Furtado will retire from his position as president and CEO of Navigant Credit Union, a position he has held since 1987, by the end of the year.
June 7














