Demographics

American homeownership has been on the decline, and Federal Reserve researchers point to the high cost of college as one culprit.

The Financial Solutions Lab, a joint initiative, has announced the winners of its annual competition to identify solutions to consumer financial challenges, this year focusing on startups dedicated to improving financial health in the workplace.

George Rudolph will take over at Pennsylvania State Employees Credit Union in April as the institution's current president, Greg Smith, retires.

A recent proposal to allow the government-sponsored enterprise to offer more credit in agricultural regions is deeply flawed.

The Gray, Tenn.-based institution has named Kelly Smith as its temporary leader after Ron Scott resigned to move closer to family. He subsequently passed away.

Gail Enda is taking over at the $7 billion-asset institution as its outgoing leader, Angie Owens, takes a job with American Airlines.

Shane Knighton, who previously worked at Member Business Lending, will take over for the retiring Gordon Dames, who served as interim CEO.

George Scharpf had been the New Jersey bank's leader since 1981.

The credit union said that it has hired a firm to find a replacement for longtime President and CEO Joseph Garay.

A. Scott MacKnight is now the president and CEO of Triangle Credit Union after its longtime leader, Maurice Simard, retired.

Stephen Raffaele has been the bank's president since 2016.

LendStreet is looking to break the circle of debt that often arises when struggling borrowers try to consolidate what they owe.

A number of employees are tackling different challenges with recent promotions and career moves.

The year featured executive shake-ups at the top of several of the industry’s largest institutions.

The banking industry has long been critical of the government-sponsored enterprise, but the system could provide valuable banking services to large swaths of the country currently lacking access to them.

Denice Schultheiss became director of the Office of Credit Unions in Michigan after John Kolhoff left to lead the Texas Credit Union Commission.

Graduate students at an Atlanta university are working with Inclusiv and the On the Rise Financial Center to help the underserved gain access to financial services.

Here's a look at some of the industry’s latest hires and promotions, along with credit union employees who were recognized for their work.

It was a year to remember for women executives at SunTrust and Amex’s new CEO, and one to forget for Wells Fargo and investors in bank stocks.

Edward Paternostro will step down Jan. 2, and the institution's current COO, John Deieso, will take the helm.