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Data from regulators in the Badger State show state-chartered CUs making gains in several key areas in 2019 even amid a dip in ROA and an increase in allowance for loan losses.
February 21 -
Gulf Power Company Employees CU will merge into Tallahassee-based FSU Credit Union later this year, pending regulatory and member approval.
February 13 -
Fewer than 30 CUs in the state would be eligible to make use of the rule, intended to help rural institutions and others attract a more qualified pool of directors and committee members.
February 4 -
Despite what one critic says, Alaska USA Federal Credit Union’s acquisition of branches from TCF Financial will help underserved communities in Arizona.
February 3Mountain West Credit Union Association -
The benefits include improved financial inclusion, the chairman of the NCUA argues.
January 30National Credit Union Administration -
The Colorado Banking Board may be the first regulator to ever block a credit union-bank merger.
January 16 -
Colorado's State Banking Board voted 6-1 to stop Elevations Credit Union from buying Cache Bank & Trust. This is believed to be the first time regulators have blocked such a deal.
January 16 -
The Bay State is the latest to push its lawmakers to modernize how CUs do business in order to help state charters remain competitive with federal charters.
January 15 -
Dort Financial is the latest to switch from a federal charter to a state charter, a move that also widens its field of membership.
January 6 -
Despite state charters' best gains in four years, their ranks continue to shrink at a pace nearly equal to that of federal charters.
September 6