JACKSONVILLE, Fla. — Members of Florida Baptist Credit Union voted 92% in favor of a merger into First Florida Credit Union, with the transaction effective June 1, the two CUs said Friday.

Two CUs name controllers, a CEO earns special recognition and other CU officials in the news.

The Delaware Credit Union League announced its member credit unions voted unanimously — by a tally of 28-0 — to merge the DCUL with the Cooperative Credit Union Association.

Fintech companies are asking a federal regulator to create a specialized charter that would allow them to comply with federal rules instead of facing a state-by-state licensing framework.

Michigan Governor Rick Snyder signed the Michigan Credit Union Act update on June 9 — the first comprehensive update to CU laws in 13 years, according to the Michigan CU League.

Instead of trying to become technology innovators themselves, CUs should team up with firms that have a proven track record of innovation, leaving CUs free to stay focused on core competencies.

Strong member service is a hallmark of credit unions, so why aren't they giving members an opportunity to trumpet about it?

Most credit union industry insiders and experts agree that technology has shaped branching strategy in recent years as many locations have become smaller, with fewer teller lines and more space for consultation.

From 'visioning sessions' to using technology to decrease the footprint of each branch, credit unions remain cautions with members' money when it comes to expanding their branch networks.

CUs have long argued that the bureau's director already has the authority to create a carve out for the industry, and more than 300 members of Congress agree, but the CFPB is standing firm on the issue.

John Murphy, President/CEO of the Maine Credit Union League and Synergent – the league's service subsidiary – announced that he will be retiring effective June 1, 2017.

It's said often enough that credit unions have a treasure trove of data that is incredibly valuable...but not if you don't know how to leverage it.

Former NCUA Chairman Michael Fryzel is calling on all of the credit unions who serve members of the military to use their collective muscle to push for new leadership and reforms at the Veterans' Administration.

In an effort to remove barriers to entry and drive stronger membership growth, the $15 billion credit union is taking the concept of 'minimum balance' to a whole new level: $0.

Advocates of CU payday products offer mixed reviews of the bureau's proposed rule aimed at curbing predatory lending.

WASHINGTON — The House Appropriations Committee approved a bill Thursday that would subject the Consumer Financial Protection Bureau to the appropriations process, among other things.

Many U.S. retailers are still not processing EMV transactions, even though they have machines equipped to do so. Now with the release of new technology to speed up the process, will more merchants get on board?

MADISON, Wis. — Filene Research Institute has produced its inaugural report on organizational culture and entrepreneurship.

Mobile wallet providers and retailers have been hunting for the magic formula to seamlessly blend loyalty and mobile payments, in the hopes that one would inevitably fuel the other. But it's a delicate recipe, and easy to get wrong.

With Democrats already opposing a bill by Rep. Jeb Hensarling, R-Texas, to roll back Dodd-Frank, his chances of long-term success depend on support by Donald Trump. The two met to discuss the plan on Tuesday.