Practice and client management

The company will pay $29 million for a bank located northwest of Grand Rapids.

Dort Financial is the latest to switch from a federal charter to a state charter, a move that also widens its field of membership.

The SAFE Banking Act is on hold after Sen. Mike Crapo announced his opposition to it. One observer suggested that could have a "chilling effect" on CUs looking to enter the pot banking space.

Banks had the highest turnover of chief compliance officers among the 100 largest financial services firms in the world, according to a recent study. Recruiters say that’s a function of changing job demands, high pressure and poaching by fintechs — plus old-fashioned demographics.

Michael Troutman will serve as chief revenue officer at Bay Banks of Virginia, where he will advise management and the board on growth opportunities.

The current climate is akin to the Wild West, with little protection for the consumer, and new regulations are needed if the technology is to continue to expand in a safe and sustainable way, argues Mitek's Stephen Ritter.

The industry faced a host of bad press coverage over the last year or so. Analysts say it may not resonate with consumers, but it could hit home with a more important audience.

Whitefish FCU in Montana and Hanscom FCU in Massachusetts have both returned money to members on the strength of those institutions' 2019 performance.

Steuben Trust received two bites from potential MOE partners, but the New York bank’s lightly traded stock and many other challenges forced a sale to a much larger rival instead.

Donald Gillespie took over as CEO on Jan. 1, succeeding retiring chief executive Janet Bantz.

Franklin Financial CEO J. Myers Jones is trying to reduce his company's exposure to shared national credits and health care loans, which have enjoyed solid yields but come with a downside.

Courtney Fifield, a longtime staffer at Athol Credit Union, was recently appointed president and CEO.

The Tampa-based credit union will start the new year with a new CEO, as Robert Fisher retires after 29 years at the helm.

The Maine-based credit union saw several successes this year despite a slip in net income.

Jason Gardner, founder and CEO of the card issuer Marqeta, discusses his experiences in starting up multiple fintechs and makes predictions for the new year.

The Wisconsin-based institution's $4 million return is double what it paid out just five years ago.

Credit unions bought banks at a record pace in 2019, but just a decade ago it had never been done before. Gary Easterling helped change that.

Wells Fargo's continued leadership shake-up led to more executive shuffling in the final two months of 2019.

From Toys for Tots to supporting teachers, veterans and more, credit unions are closing out 2019 with an extra heling of philanthropy.

Intense scrutiny from poker-faced CEO Charlie Scharf is prompting executives at the bank to ponder their units’ strategies — as well as what’s in store for their own careers.