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Chairman Rodney Hood has pledged to put forth a rule on CU-bank purchases before the end of the year. It's likely to lead to another clash with bankers. → Read More
At this year's Inclusiv conference in Los Angeles, leaders from CDCUs across the country offered their thoughts on what could most benefit their institutions. → Read More
As the industry considers a movement-wide focus on diversity and inclusion, some at the annual Inclusiv conference say there are opportunities for credit unions to better serve immigrants and have more diverse staffs. → Read More
Hispanics will make up more than half of new homeowners by 2030, and credit unions need to actively market to this demographic, according to a panel discussion at Inclusiv's annual conference. → Read More
Credit unions are upping their involvement in all things related to payments in an attempt to bolster the bottom line and ensure they keep up with the competition. → Read More
Hawaii State FCU has a dedicated branch for testing new products. It's a format that other institutions could follow. → Read More
The money will help 155 institutions with outreach, security, training and more. → Read More
Many Americans are behind in their retirement planning but less than 20% of credit unions provide wealth-management services. → Read More
Members of tiny CARCO Federal Credit Union have voted to approve a merger into Educational Systems FCU. → Read More
David Justice, chief operating officer, will take over for the retiring RaAnn Wood on Nov. 1. → Read More
Elevations Credit Union has agreed to buy the assets of Cache Bank & Trust. → Read More
Citing insurance concerns, Anchorage-based Credit Union 1 shut down its marijuana-banking pilot program after less than one year. The move reflects lingering hesitation around banking the industry. → Read More
An appeals court said that Marietta, Ga.-based institution's overdraft agreements were "ambiguous" and now the case might be settled at a trial. → Read More
The $35 million-asset credit union was one of just five entities bidding to serve the Mountain State’s medical cannabis program. → Read More
United Churches Credit Union, which has just one branch, can now serve anyone who worships in two counties. → Read More
The young professionals' development group is searching for a new manager following Lauren Culp's departure on Friday. She will remain in the industry. → Read More
The two credit unions are expected to complete the integration on Oct. 1 for a combined institution of nearly $3 billion in assets. → Read More
Credit unions have largely moved past their distrust of fintechs, but plenty of institutions still face challenges when it comes to finding the right vendors. → Read More
The most recent Credit Union Trends Report from CUNA Mutual Group is “indicative that both the credit cycle and the U.S. business cycle are moving into their last stage before the next economic slowdown,” according to one economist. → Read More
CDCUs provide essential financial services in underserved communities but these institutions can struggle to keep up with compliance and technology demands. → Read More