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Edward Paternostro will step down Jan. 2, and the institution's current COO, John Deieso, will take the helm.
December 24 -
Utilizing AI and automation will help stop hackers and reduce repetitive jobs, allowing institutions to save money and reinvest more into products for members.
December 24
EPL, Inc. -
With the holiday season in full swing, a number of credit unions are making their communities a bit brighter.
December 24 -
A 2017 holiday shopping growth strategy worked so well for the $4.1 billion-asset institution that management decided to hit the mall again this year.
December 24 -
A big splash by Fifth Third, a bid by WSFS to reinvent itself and some bold long-distance expansions highlighted a year where deal activity held steady but premiums rose.
December 23 -
The combination of CCF Holding, Heritage Bancorp. and Providence Bank will create a $1 billion-asset institution. Veteran bank investor Kenneth Lehman will be its chairman.
December 21 -
Christopher O’Malley is set to lead the California-based institution as Ron Berry retires.
December 21 -
Credit unions are often quick to help their members and communities during times of crisis. This includes providing special loan rates and other relief when federal employees go without pay.
December 21 -
Earlier this year CUNA announced a new push to better educate consumers about credit unions. The Northwest Credit Union Association is asking its members to contribute to the effort.
December 21 -
As the U.S. undergoes a dramatic demographic shift, credit unions must be proactive to ensure their employees represent the communities they serve.
December 21
National Credit Union Administration -
The digital ID market has massive potential, but many fundamental problems that must first be overcome. Among them: The companies best positioned to provide a viable digital ID platform are not the ones best positioned to benefit from it.
December 21 -
Student loan debt — now at $1.5 trillion in the U.S. — is arguably the greatest pain point for consumers in their 20s and 30s. To court that demographic, banks are increasingly offering help with refinancing and repayment.
December 20 -
BBVA has picked Javier Rodriguez Soler, its head of strategy and mergers, to run its U.S. bank.
December 20 -
The three institutions will use a platform from Fiserv to help improve efficiency.
December 20 -
David Rupp was CEO of Four Oaks Fincorp in North Carolina when it sold itself to United Community Banks last year.
December 20 -
The Maryland-based credit union sued the nation's largest CUSO over call center services, but the two sides didn't take long to come to an agreement.
December 20 -
Stock Yards will remove a competitor in Louisville, Ky., and enter two markets outside of the city.
December 19 -
The Indiana-based institution has increased its starting pay for the last three years.
December 19 -
Kent Greff is retiring after 39 years in the credit union industry, including leading Mill City for almost two decades.
December 19 -
In the last two years, the Georgia-based institution has returned $25 million to members.
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