News Topic: Credit unions

At a time when the industry is focused on serving members and assisting with the economic recovery, executives shouldn't be burdened by a costly new credit loss methodology. ... Read full article

A new initiative from the Minnesota Credit Union Network to help deepen share of wallet is believed to be the first of its kind and could be a model for credit union leagues in other states. ... Read full article

Regulators have approved the Colorado institution's bid to serve consumers across three different counties. ... Read full article

Robert D. Ramirez has accepted the top job at the South Florida credit union as it attempts to turn around following a steep decline in earnings and a jump in charge-offs. ... Read full article

A former employee of Member's 1st Federal Credit Union was accused of stealing more than $19,000. ... Read full article

The National Credit Union Administration generally only approves a handful of charters each year, but sustained economic troubles are likely to make launching a new institution even more challenging. ... Read full article

Members of St. Matthews Federal Credit Union are set to vote on whether to join the $2.3 billion-asset Chartway before the end of the year. ... Read full article

Several institutions were first-time recipients in the latest round of funding, including $2.75 million for Self-Help FCU. ... Read full article

President Trump and former Vice President Biden meet face-to-face this week while Republicans and Democrats push conflicting priorities in Washington. ... Read full article

While most industry conferences have gone online, a handful of groups are moving ahead with on-site meetings with an understanding that COVID is likely to reduce attendance. ... Read full article

A nationwide branch network remains a calling card for the entire industry, while also exemplifying the movement's cooperative spirit. ... Read full article

Go Federal Credit Union CEO Bert Beal will take the helm of the combined institution once they join America's Credit Union. ... Read full article

The percentage of institutions in the Best Credit Unions to Work For rankings that provide formalized diversity training continues to rise each year, reflecting a growing awareness of the issue within the industry. ... Read full article

A collaboration between the two industries to help voters cast absentee ballots has been approved to continue through the general election. ... Read full article

The competition has leading-edge technology, but consumers may be looking for more than just bells and whistles when choosing where to do their banking. ... Read full article

A historic influx of deposits has brought the National Credit Union Share Insurance Fund’s equity ratio close to the point where premiums would be required, but the regulator’s plan is intended to boost it. ... Read full article

Second-quarter figures from the credit union regulator paint a grim picture for many states across a variety of key earnings metrics. ... Read full article

More than 160 institutions will use the money to help members weather the coronavirus by offering new products and providing help with loan payments. ... Read full article