Demographics

As the U.S. celebrates Juneteenth, it's imperative that credit unions find ways to ensure all Americans have access to the banking services necessary to thrive.

A new study shows 60% of adult children whose mother or father are credit union members do not belong to the same institution as their parents.

The Maryland company said the additions, including a former bank CEO, will strengthen its “overall operational and strategic management."

Uwharrie Capital in North Carolina and Valley National in New York used their community connections to seek out small companies in need of loans from the Paycheck Protection Program. They found plenty of them.

Michele Dean takes the helm from Ralph Spencer, Jr., who will retire later this month.

President and CEO Vickie van der Have will retire on July 1, capping a 43-year career in credit unions.

Industry figures have begun to speak out in support of demonstrations in the wake of the deaths of George Floyd and other African Americans, and new data is expected to show how the coronavirus impacted balance sheets.

Michael Moyes has been appointed to replace retiring chief executive Preston Sanders.

Tom Shoemaker initially took the helm in 2017 on an interim basis after the Albuquerque, N.M.-based credit union called off a merger.

Patricia Sarne was named CEO of San Antonio Citizens Federal Credit Union after former chief executive Tim Baldwin retired.