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Market Intelligence:
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  • Credit unions
    Aurora Federal Credit Union in Colorado names new CEO

    Charlie Watts was most recently chief financial officer for Colorado Credit Union, a role he held for the past eight years.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    December 2
  • Credit unions
    Judge blocks Memphis credit union's acquisition of local bank

    The commissioner of the Tennessee Department of Financial Institutions said Orion Federal Credit Union's deal for Financial Federal Bank violates the Tennessee Banking Act.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    December 2
    Orion Federal Credit Union headquarters
  • Branch banking
    No end in sight for COVID restrictions at banks, credit unions

    The new omicron strain is prompting more financial institutions to extend mask mandates in the workplace and remote work schedules.

    By Jim Dobbs and Ken McCarthy
    December 2
    Bank with plexi
  • Credit unions
    Truliant Federal Credit Union launches charitable foundation

    As its first major gift, Truliant contributed to the Winston-Salem State University Foundation to support the Mathematics and Science Education Network program.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    December 1
  • Credit unions
    NCUA banned two former credit union employees in November

    The addition of two new prohibitions raises the total number of issuances by the National Credit Union Administration to 24 for the year so far.

    By Frank Gargano
    Data Reporter
    November 30
    ncua 2
  • Credit unions
    Credit union in Iowa is rebranding again

    To distinguish itself from the Chicago-based credit union of the same name, Alliant Credit Union in Dubuque is becoming AIM Credit Union. It was founded as Interstate Credit Union in 1933.

    By Frank Gargano
    Data Reporter
    November 30
  • Industry News
    Mountain West Credit Union Association CEO to retire

    Scott Earl will step down from his leadership role at the trade group at the end of June.

    By Frank Gargano
    Data Reporter
    November 29
    scott earl
  • Industry News
    Wright-Patt Credit Union in Ohio promotes strategy officer to CEO

    The credit union has promoted Timothy Mislansky to lead the organization. He succeeds Doug Fecher, who announced his retirement earlier this year.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    November 29
  • Credit unions
    Banks, credit unions experiment with college athlete marketing deals

    College athletes can now profit from their name, image and likeness, and some local lenders have been quick to sign them on as spokespeople. But it's still unclear whether these young sports figures will raise the financial institutions' profile enough to justify the cost.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    November 29
    Louisiana State University Football and Basketball Stadium Arena
  • Credit unions
    CEO of AllCom Credit Union in Massachusetts to retire

    Debbie Guiney, who joined the institution in 1977, will step down at the end of this year.

    By Frank Gargano
    Data Reporter
    November 24
  • Credit unions
    Beacon Credit Union in Indiana promotes CFO to president, CEO

    Dustin Cuttriss will succeed Kevin Willour, who is retiring at the end of 2022.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    November 23
  • Credit unions
    How one credit union is adjusting to change at CFPB

    Alliant Credit Union in Chicago is building a database of Consumer Financial Protection Bureau enforcement actions to analyze patterns over time and help it formulate a compliance program that will withstand political swings in Washington.

    By Frank Gargano
    Data Reporter
    November 22
  • Credit unions
    CEO of Boston Firefighters Credit Union to retire

    John “Bernie” Winne has led the credit union for 20 years. He is stepping down at the end of June 30.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    November 22
    Bernie Winnie
  • Credit unions
    California credit union picks its first woman chief

    SAFE Credit Union in Folsom, California, will promote its chief credit officer, Faye Nabhani, to president on Jan. 1 and then CEO a year later. She will be the institution's first female leader in its 80-year history.

    By Frank Gargano
    Data Reporter
    November 19
  • Industry News
    Changing of the guard at a Northern California credit union

    John Cassidy will retire as CEO of Sierra Central Credit Union in Yuba City in January. Ron Sweeney, the company’s president, will take his place.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    November 19
    John Cassidy, CEO, Sierra Central Credit Union
  • Politics and policy
    Credit unions dealt blow in bid to expand membership

    The National Credit Union Administration backed off measures that would have let credit unions sign up members in areas where they have ATMs and online services, but no branches. The move was seen as a partial victory for banks, though the matter could ultimately be decided by Congress.

    By John Reosti and Ken McCarthy
    November 18
    NCUA Chairman Todd Harper
  • M&A
    Two credit unions merging in Northwest

    The combination of Horizon Credit Union in Washington and Embark Credit Union in Montana would have $1.8 billion of assets and 31 branches in four states.

    By Frank Gargano
    Data Reporter
    November 18
  • Industry News
    Michigan credit union chief to retire next year

    Tina Dix, the chief executive of OUR Credit Union in Royal Oak, will step aside in July. The $365 million-asset credit union has retained a search firm to find her successor.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    November 16
    Tina Dix CEO of OUR Credit Union
  • M&A
    Two Colorado credit unions announce plans to merge

    The $3.6 billion-asset Canvas Credit Union in Lone Tree is combining with the $173 million-asset Western Rockies Federal Credit Union in Grand Junction.

    By Frank Gargano
    Data Reporter
    November 15
  • Credit unions
    Louisiana Credit Union League CEO to retire

    Bob Gallman has worked in the credit union industry for more than 45 years and has been at the helm of the league since 2017.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    November 12
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23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

Meet The Most Powerful Women in Banking 2025, our annual ranking of the executives at the pinnacle of the industry.

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