-
The trade group chose Brian Knight to succeed longtime leader Lucy Ito, who announced her retirement earlier this year.
December 23 -
There are more than 20,000 Holocaust survivors in the New York City area, and roughly a third of them are said to live in poverty. New York-chartered financial institutions should voluntarily waive transfer and processing charges on payments to reparations recipients, the state’s financial services regulator says.
December 22 -
Unity of Eatonville Federal Credit Union will spend its first year focusing on auto lending and deposit services.
December 21 -
Kit Snyder, who has led Consumers since 1983, will be succeeded by Scott Sylvester, the credit union's chief operations officer.
December 21 -
The acquisition would give Avadian, which is based in Birmingham, two more locations in its home state and increase its assets to approximately $1.2 billion.
December 20 -
The combination of First Service Credit Union and People’s Trust Credit Union would create an institution with over $1.3 billion of assets and more than 98,000 members.
December 20 -
David S. Sprague, who has led Hanscom FCU since 1996, will become a member of the credit union’s board of directors after stepping down as chief executive.
December 17 -
Tonia Niedzialkowski will succeed longtime CEO Bernie McLaughlin, who is set to retire in late January.
December 17 -
The National Credit Union Administration set a lower target for business trips and additional staffing amid concerns stemming from the ongoing impact of the pandemic.
December 16 -
The use of artificial intelligence and machine learning in financial services, while promising, is not without risk. It's on federal regulators to ensure that algorithms relied on by banks and credit unions aren't harming businesses and consumers.
December 15
Alliance for Innovative Regulation -
Dane County Credit Union and Heartland Credit Union, both in Madison, have long collaborated on local initiatives.
December 14 -
First Commonwealth Federal Credit Union will gain its first locations in the Garden State by combining with Baker Federal Credit Union.
December 14 -
Allan Kemp McMorris was previously CEO of Oakland County Credit Union. He joined Vibe when the two organizations merged in 2019.
December 14 -
The National Association of Federally-Insured Credit Unions' new campaign highlights $243 billion in fines slapped on Wall Street banks. The group says it's responding to political attacks, but the banking industry says NAFCU is trying to distract from criticism of its tax exemption.
December 13 -
Through its partnership with Visa, the California credit union lets members receive digital replacements for lost cards almost instantly and add digital cards to mobile wallets like Apple Pay.
December 10 -
The combined institution would have more than $280 million of assets and serve close to 20,000 members.
December 9 -
Business and regulatory pressures were already weighing on aging executives before the onset of the pandemic led many to delay retirement plans. Now as the crisis eases, an increasing number are finally stepping down.
December 7 -
Stephanie Sherrodd, who was most recently CEO of Texas Dow Employees Credit Union, will take the helm of the New Mexico credit union in January.
December 6 -
Cornerstone Community Financial Credit Union in Auburn Hills received approval from state regulators to enter new markets in its home state and in Ohio.
December 2 -
The combination is a bid to offer members expanded access to financial services and a larger network of locations.
December 2








