Jackie Stewart
American Banker
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Past articles by Jackie:
Best Credit Unions to Work For 2022
The 70 institutions on this year's list create a great work environment by offering robust benefits, recognizing a job well done and providing clear communication from the C-suite. → Read More
Credit union branch expansion continues in face of pandemic
Despite limiting on-site visits and adding more self-service channels, the industry is forging ahead with plans for hundreds of new or expanded brick-and-mortar locations. → Read More
Credit union-backed lawmakers among those contesting election
Several members of Congress challenging the result of the 2020 presidential contest received financial support from trade groups that could find themselves in hot water with some constituents. → Read More
End of refi boom could put squeeze on credit unions in 2021
Demand for home purchases and car loans would need to increase substantially to make up for what's expected to be a sharp drop in refinancing revenue. → Read More
8 takeaways from NCUA's 3Q state-level data
A new report from the National Credit Union Administration showed credit unions in many states are struggling with a deluge of deposits while their lending opportunities are drying up. → Read More
Holiday volunteerism stymied by pandemic
Social distancing has put a crimp in the credit union industry's usual philanthropic activities, but many institutions are finding new ways to give back during this festive season. → Read More
Kyle Hauptman formally joins NCUA board
Hauptman said dealing with the economic fallout from the coronavirus was a top priority for the agency, along with aligning incentives and expanding the use of technology in the industry. → Read More
CEFCU chief to retire in May after 15 years at the helm
Matt Mamer will take over for Mark Spenny, who has helped Citizens Equity First Credit Union expand in several markets during his tenure. → Read More
Some credit unions are spending more even as earnings tumble
Management teams are forging ahead with technology projects and bonuses for some employees despite a deep slide in net income this year. → Read More
Valley Credit Union promotes branch exec to CEO
Casey Klein will begin leading the Montana-based institution next month after current CEO Darla Card retires. → Read More
7 takeaways from NCUA's 3Q data
Credit quality has remained strong at credit unions, but there are hints that some of them — especially the smallest ones — could report lackluster earnings well into next year, according to the National Credit Union Administration's latest intel on industrywide finances. → Read More
Large credit unions deepen their stake in PPP lending
New analysis from S&P shows credit unions near $1 billion of assets and above continuing to dominate the industry's performance in the Paycheck Protection Program as some CUs dedicate a substantial portion of their portfolios to the effort. → Read More
Hiway expands field of membership, tweaks branding after charter change
The credit union now has a community charter to serve seven counties in addition to several select employee groups. → Read More
COVID taking a toll on credit union employees' mental health
Some workers have thrived while working remotely but others miss the social interaction of an office, and the recent surge in coronavirus diagnoses means employers will be facing these challenges well into next year. → Read More
Achieva Credit Union lands fourth merger in 10 years
Coast 2 Coast Financial Credit Union has agreed to join the Florida-based Achieva, which previously acquired two community banks. → Read More
COVID-era credit card spending hits new high
In a potentially good sign for credit unions, last week credit card spending reached its highest point since the start of the coronavirus pandemic, according to data from PSCU. → Read More
World Council of Credit Unions moves annual event online
The group is just the latest industry organization to already alter plans for a gathering scheduled for 2021. → Read More
5 takeaways from NCUA's diversity assessment
The annual survey from the National Credit Union Administration shows credit unions making gains in some of their inclusion efforts, but the industry still has much it can do to improve. → Read More
$100K and a dream: College senior plots student-run credit union
A group at George Washington University has been working to open a de novo institution to serve students, but the would-be institution faces a variety of hurdles before it can open its doors. → Read More
GFA Federal Credit Union's chief executive to retire in spring
Tina Sbrega, who has been a pioneer in areas including pot banking and credit unions buying banks, will stay on as chair of a subsidiary of the institution. → Read More