Credit unions

Theft charges earn lifetime ban for two former credit union employees

01/29/21

The credit union regulator's first prohibitions of 2021 relate to misuse of member funds at institutions in Alaska and Florida.

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Cornerstone Financial promotes veteran employee to president

01/29/21

Donna Young, who has spent more than three decades at the Nashville-based credit union, succeeds Joe Spivey, who retired earlier this year.

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Pandemic slows pace of branch expansion at Navy Federal

01/28/21

The credit union expects to open at least eight branches across the country in the months ahead, about half of what it normally adds to its brick-and-mortar network in an average year.

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STCU eyes further expansion with merger

01/28/21

A deal to bring Coulee Dam FCU into the fold will expand the Spokane, Wash.-based credit union's branch network while providing a wider array of technologies to the former CDFCU members.

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Original CEO of Frankenmuth Credit Union dead at 76

01/28/21

Kathleen Bierlein Yancer served the Michigan-based institution for more than 30 years before retiring in 2003.

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Now more than ever, NCUA needs a reset

01/28/21

The regulator must rediscover bipartisanship and collaboration while ensuring new regulations don't overstep the Federal Credit Union Act.

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Minimum wage rises again at Notre Dame FCU

01/27/21

The Indiana-based credit union increased its starting pay for the second time in two years as part of a push to boost compensation that began in 2017.

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Leominster Credit Union to pay employees $600 pandemic bonuses

01/27/21

The credit union will provide a one-time stimulus check for all employees who worked through the COVID-19 crisis, similar to a recent move at Bank of America.

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New NCUA chief faces hard sell on consumer protection

01/26/21

Todd Harper, a Democrat, says he will continue his efforts to increase the agency's consumer advocacy role, despite opposition from the industry and two Republican board members.

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Financial Resources FCU completes succession plan

01/26/21

The Bridgewater, N.J.-based credit union promoted Frank Almeida to president and CEO, the final step in process it began when he was hired in 2014.

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