News Topic: Credit unions

The latest report from the American Customer Satisfaction Index reported lower scores for both industries, with credit unions recording their lowest ranking since 2011. ... Read full article

Cameron Minges will become president of the Indianapolis-based credit union effective Jan. 1. ... Read full article

The name change, which will take effect Jan. 1, comes following the merger of CP Financial and Washtenaw Federal Credit Union. ... Read full article

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 full article

Dale Owen began his career at the Bettendorf, Iowa-based institution in 1999 and took over as chief executive in 2013. ... Read full article

Carla Rasetta is stepping down after a decade at the helm of the Massachusetts-based institution. ... Read full article

The pilot leverages Keyno’s CVVkey technology that uses a dynamic card verification value 2 (CVV2) code to provide a higher level of security against fraud for online and mobile payments. ... Read full article

The Iowa Republican followed one term in the Senate with six years as chairman of the credit union regulator. ... Read full article

The pandemic has altered a variety of consumer behaviors, and that could make a difference in what sort of interchange and interest revenue financial institutions see in their credit and debit portfolios as they close out 2020. ... Read full article

Savings to the credit union regulator's operating budget are largely the result of surplus funds from 2020 and expected reductions in travel into next year. ... Read full article

Members of $5.3 million-asset WJC Federal Credit Union will vote to merge into $3.2 billion-asset Truliant FCU, based in North Carolina. ... Read full article

Kathie Kasper spent 24 years at the Livermore, Calif.-based institution, having started as a teller in 1976 and ultimately rising to the level of chief executive. ... Read full article

The deal, intended to bolster CUNA Mutual's digital capabilities, is the company's second such move in a month. ... Read full article

Bill Bynum, president and CEO of Hope Federal Credit Union, and Gail Laster, former director of the National Credit Union Administration's consumer-protection division, are working with the incoming administration. ... Read full article

The deal, PenFed's second merger announcement with a significantly smaller credit union, would expand its footprint into the Midwest. ... Read full article

Many credit unions offer these accounts to help members improve their financial behaviors, but some in the industry are wondering how long the surge could last. ... Read full article

Gov. Laura Kelly has nominated Vickie Hurt to succeed Jerel Wright, who will step down Nov. 28. ... Read full article

Todd Sheffield has announced his intention to step down from the Santa Rosa, Calif.-based institution, which he has led since 2003. ... Read full article