The prospect of banks and credit unions meeting small-dollar loan demand is at risk under the Consumer Financial Protection Bureau's restrictive proposal.

The National Credit Union Administration announced Friday that Texans Credit Union, a $1.5-billion institution based in Richardson, Texas, has emerged from conservatorship and is once again under the control and direction of its members.

Golden 1 has reached a milestone that only five other credit unions nationwide have crossed.

In its second "Board Briefing" since Chairman Rick Metsger introduced the practice, officials outlined their plans to add an "S" – for interest rate sensitivity – to the regulator’s existing "CAMEL" examination rating system.

NAFCU opposes proposal to increase the National Credit Union Administration's Board to five members, while CUNA supports the idea. Other industry insiders note potential increased costs to regulator's staffing budget but potential benefits too.

NASHVILLE, Tenn. — During opening remarks at the second day of the National Association of Federal Credit Unions' 49th annual Conference and Solutions Expo in here, President and CEO Dan Berger provided attendees with a positive outlook for the CU industry, while sending jabs toward the banking industry.

BILOXI, Miss. -- Keesler Federal Credit Union, announced Wednesday that John R. Goff is retiring as president and chief executive after spending some 30 years at the $2.3 billion institution and the last six years at the helm.

FARMINGTON HILLS, Mich. – Member Driven Technologies (MDT) announced six credit unions have signed agreements to convert their core processing systems to the Symitar Episys system under the auspices of MDT.

National Association of Federal Credit Unions President and CEO Dan Berger welcomes attendees to the Defense Credit Union Summit held just before NAFCU’s annual conference in Nashville, Tenn., this week.

Gov. Nikki Haley recently signed S.652 – savings promotion contests legislation – after unanimous passage this May by both houses of South Carolina’s state legislature.

Visa's Digital Commerce App is allowing financial institutions to develop their own mobile wallets. Many of its clients are credit unions and larger community banks which may not otherwise have the resources to develop such a product internally.

Regulator announces at NAFCU conference that it will release more details on proposed budget in advance this year so stakeholders can review and analyze the information beforehand.

The former Kellogg Community Federal Credit Union (KCFCU) became known as Kellogg Community Credit Union (KCCU), effective June 1, in connection with receiving final regulatory approval to change the credit union’s federal charter to a state charter.

In the latest in a series of acquisitions for the $20 billion credit union in the past six months, PedFed expands into the San Antonio, Texas, marketplace.

Seattle Metropolitan CU elects six and UNCLE CU re-elects its chairman.

AUORA, Colo. -- Fitzsimons Credit Union announced Monday that long-time chief executive Sandy Neves will retire at the end of June.

DuPont Community Credit Union (DCCU) announced that current President/CEO Gerald B. Hershey will retire effective March 2017.

The National Federation of Community Development Credit Unions has formed a partnership with Equifax Inc. to build the Westside Financial Capability Center in the Westside community of Atlanta, Ga.

Illinois Credit Union System (ICUS) CUSO subsidiary, ICUL Service Corp. (LSC), announced it has acquired equity interest in IronSafe, a cloud-based reporting system that offers enterprise report distribution solutions.

Beavercreek, Ohio-based Wright-Patt Credit Union has come under fire due to a legal defense donation fund created by the father of convicted rapist Brock Turner, whose court case and surrounding circumstances have stirred national outrage.