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Industry groups say the coronavirus has highlighted additional risks faced by institutions without a diverse member base.January 12
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In a letter to credit unions, NCUA urged federally chartered shops to expand their fields of membership to underserved areas, regardless of geography, in order to boost financial inclusion in the wake of the pandemic.January 8
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From dealing with a flood of deposits to working with examiners virtually, credit unions were forced to quickly adapt to a new normal after the pandemic hit. Here's a look at some of the biggest changes and challenges they faced.December 31
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Fallout from the coronavirus pandemic consumed the industry this year, but other events, including a scandal at the National Credit Union Administration and a credit union under fire for lack of board diversity, also made waves.December 29
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A look back at a year in which little went according to plan for credit unions.December 28
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The Gainesville, Fla.-based credit union has converted from a federal to a state charter and will debut its new brand identity early next month.December 11
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The Washington, D.C.-based institution could see its membership grow by as much as 72% now that federal regulators have approved the move.December 4
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The credit union now has a community charter to serve seven counties in addition to several select employee groups.December 1
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Richard Yeager's promotion comes at a time of growth for the New York-based institution, including having recently been granted a field-of-membership expansion.November 19
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A group at George Washington University has been working to open a de novo institution to serve students, but the would-be institution faces a variety of hurdles before it can open its doors.November 18
