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Housatonic Teachers will operate under its existing name as “a division of Nutmeg State Financial CU” for the duration of 2017.
January 11 -
There is optimism that consolidation could bounce back from a lackluster 2016 as bank stocks rally. At the same time, expectations of regulatory easing and tax reform could entice more banks to stay independent, at least in the short term.
January 11 -
As the new Congress and administration take shape, the credit union trade association is ramping up lobbying efforts even as it celebrates a major milestone.
January 11
Caltech Employees Federal Credit Union -
F.N.B., Iberiabank and Simmons First are among the banks entering new regions. A growing need for scale and increased use of technology are among the reasons for their aggressive moves.
January 9 -
Regions Financial in Birmingham has named José S. Suquet, the president and CEO at Pan-American Life Insurance in New Orleans, to its board of directors.
January 9 -
New Frontier Bancshares in St. Charles, Mo., has hired the leader of another local bank as its new CEO.
January 9 -
Joseph Campanelli has run large publicly traded companies such as Sovereign Bancorp and Flagstar, but he seems more energized after agreeing to become CEO of Needham Bank, a depositor-owned mutual in Massachusetts.
January 6 -
Oklahoma City, Okla.-based True Sky Credit Union on Thursday said it gave 2016 year-end rebates and bonuses totaling $359,000 to more than 50,000 members.
January 6 -
A 2018 deadline to automate government payments is fast approaching. Only with a mix of technology solutions and cooperation among agencies can that deadline be met.
January 6
CloudTrade -
Cape Breton CU was created as a result of two CUs joining forces. The new institution currently serves approximately 5,800 members.
January 5 -
NCUA is also accepting nominations for consulting during the second half of 2017.
January 5 -
This is the 21st consecutive year the credit union has paid dividends back to members.
January 5 -
Washington Federal Chairman and Chief Executive Roy M. Whitehead will hand off his CEO duties to Brent Beardall this spring.
January 5 -
The credit union has rewarded nearly $3 million in patronage dividends to members since 2005.
January 4 -
The $605 million-asset company disclosed in a regulatory filing that Stephen Marsh, its CEO since 2008, retired on Dec. 31.
January 4 -
The Juntos Avanzamos Hispanic outreach program continues its expansion across the United States, adding two credit unions in Colorado in the fourth quarter of 2016.
January 4 -
The credit union has returned more than $1.75 million to members over the last seven years.
January 4 -
The credit union has returned a share of its profits to members each year since 1980.
January 4 -
Lakeland Bancorp in Oak Ridge, N.J., has named a new chief financial officer and chief operating officer as two other executives plan to retire.
January 4 -
Christopher Credit Union in Chesaning, Mich., merged on Jan. 1 with United FCU of Saginaw following a November vote by CCU's membership that garnered 100% approval.
January 4



