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  • Credit unions
    Canadian credit unions seek a leg up through open banking

    In a nation dominated by six large banks, credit unions hope to build membership by taking advantage of the data-sharing rules that would allow them to broaden their reach through fintech partnerships.

    By Robin Arnfield
    May 20
    Jay-Ann Gilfoy, president and CEO of Meridian Credit Union
  • Credit unions
    CEO of Miami Firefighters Federal Credit Union to retire

    Patrick Totten plans to step down from his leadership position at the Florida institution after a successor is chosen.

    By Ken McCarthy
    May 19
  • Consumer banking
    How credit unions in California, Hawaii are rethinking branch models

    Kinecta Federal and Hawaii State Federal are launching smaller, high-efficiency branches and creatively managing real estate to better meet members where they are as well as cater to a younger demographic.

    By Frank Gargano
    May 18
  • Credit unions
    Longtime CEO of $3B Michigan credit union to retire at year’s end

    Pete Gates, president and CEO of Michigan Schools and Government Credit Union in Clinton Township, Michigan, will retire at the end of 2022. The search has begun for his successor.

    By Ken McCarthy
    May 18
  • Credit unions
    Truliant Federal Credit Union in North Carolina names diversity leader

    Precious Quire-McCloud will oversee the implementation and growth of the institution’s initiatives for diversity, equity and inclusion.

    By Frank Gargano
    May 13
    Precious Quire-McCloud, senior vice president, diversity, equity and inclusion (DEI) for Truliant Federal Credit Union
  • Credit unions
    First Florida, Jacksonville Postal and Professional Credit Union to merge

    The combined entity would have close to $1.4 billion of assets and nearly 60,000 members.

    By Frank Gargano
    May 12
  • Credit unions
    Credit union in Michigan to buy Florida bank in seventh such deal of 2022

    DFCU Financial in Dearborn is acquiring the $689 million-asset First Citrus Bank, a subsidiary of First Citrus Bancorp. in Tampa.

    By Ken McCarthy
    May 12
  • Credit unions
    Four Minnesota credit unions join forces to capture more commercial loans

    The quartet have formed United Financials Capital, a credit union service organization that will allow its founders to fund larger loans than they would be able to individually.

    By Ken McCarthy
    May 11
    St. Paul, Minnesota
  • Credit unions
    Family Advantage Federal Credit Union in Tennessee expands charter

    FAFCU will add 12 new counties to its eligible areas of coverage after receiving the go ahead from the National Credit Union Administration.

    By Frank Gargano
    May 11
  • Credit unions
    Maryland credit union service organization acquires Wisconsin CUSO

    Think Stack's purchase of Emergifi also brings it an equity stake in Corporate Central Credit Union, which founded the Milwaukee organization in 2017.

    By Frank Gargano
    May 10
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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.