Practice management

The marriage of the association that already represented Massachusetts, New Hampshire and Rhode Island with the Delaware organization creates what is believed to be the first regional league that serves four states.

Umpqua Holdings in Portland, Ore., will have a new chief executive in 2017. The company said Monday that Ray Davis, 67, will step down as president and CEO, effective Jan. 1. Davis, who will become executive chairman, will be succeeded by Cort O'Haver, who was named president of Umpqua Bank in April.

The National Credit Union Administration announced Friday that Texans Credit Union, a $1.5-billion institution based in Richardson, Texas, has emerged from conservatorship and is once again under the control and direction of its members.

Golden 1 has reached a milestone that only five other credit unions nationwide have crossed.

Tim Sloan, president and COO at Wells Fargo, is widely viewed as next in line to take over as CEO of the bank. He discussed the speculation — as well as energy lending, credit standards, living wills and a number of other topics — in a recent interview.

NASHVILLE, Tenn. — During opening remarks at the second day of the National Association of Federal Credit Unions' 49th annual Conference and Solutions Expo in here, President and CEO Dan Berger provided attendees with a positive outlook for the CU industry, while sending jabs toward the banking industry.

Gov. Nikki Haley recently signed S.652 – savings promotion contests legislation – after unanimous passage this May by both houses of South Carolina’s state legislature.

The former Kellogg Community Federal Credit Union (KCFCU) became known as Kellogg Community Credit Union (KCCU), effective June 1, in connection with receiving final regulatory approval to change the credit union’s federal charter to a state charter.

In the latest in a series of acquisitions for the $20 billion credit union in the past six months, PedFed expands into the San Antonio, Texas, marketplace.

The National Federation of Community Development Credit Unions has formed a partnership with Equifax Inc. to build the Westside Financial Capability Center in the Westside community of Atlanta, Ga.

Illinois Credit Union System (ICUS) CUSO subsidiary, ICUL Service Corp. (LSC), announced it has acquired equity interest in IronSafe, a cloud-based reporting system that offers enterprise report distribution solutions.

JACKSONVILLE, Fla. — Members of Florida Baptist Credit Union voted 92% in favor of a merger into First Florida Credit Union, with the transaction effective June 1, the two CUs said Friday.

The Delaware Credit Union League announced its member credit unions voted unanimously — by a tally of 28-0 — to merge the DCUL with the Cooperative Credit Union Association.

In an effort to remove barriers to entry and drive stronger membership growth, the $15 billion credit union is taking the concept of 'minimum balance' to a whole new level: $0.

MADISON, Wis. — Filene Research Institute has produced its inaugural report on organizational culture and entrepreneurship.

Taking a page from the age-old adage of "if you can't beat 'em, join 'em," credit unions are ramping up efforts to partner with fintech companies.

It's tough enough for people to rise to the top once in life. Getting there twice is harder still. Here are some notable examples of executives from that select, latter group.

John Garbarino will step aside as chairman of the $4.2 billion-asset company on Dec. 31, but he will turn over the job to a familiar face — Christopher Maher, who will remain president and chief executive, also.

In an effort to attract college-age members for possible future employment, East Lansing, Mich.-based MSU Federal Credit Union welcomed 24 interns to its inaugural Financial Innovation and Education Center.

The low-interest-rate environment, combined with years of dire NCUA warnings about staying away from long-term investments, has left credit unions wondering exactly how they are expected to generate income. Credit Union Journal asked attendees of the CUNA CFO Council Conference in Anaheim, Calif., how they deal with this quandary.