Credit unions

Former CEO of Aloha Pacific FCU dies

09/04/20

Wallace Watanabe spent more than 40 years at the Honolulu-based credit union, including serving as CEO from 1992 until his retirement in 2013.

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Alabama One Credit Union to buy First Bank of Linden

09/03/20

The purchase-and-assumption transaction, if approved, would become the first credit union-bank merger in Alabama.

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Virginia Credit Union League president to retire next year

09/03/20

Richard Pillow will step down after more than four decades in the industry.

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Pay rising fastest for credit union CEOs, chief lending officers

09/02/20

A report from CUES shows total compensation growing for members of the C-Suite, but institutions on the smaller end of the asset spectrum — representing two-thirds of the total industry — face stark differences in median CEO pay.

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Credit unions join banks in push to give workers time off to vote

09/02/20

The move is part of the effort by lenders and other companies to promote racial equity and be more sensitive to the stresses on front-line employees. It also coincides with rising concerns about the postal system’s ability to handle the rush of absentee ballots.

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Credit unions could take a hit as pandemic alters college landscape

09/01/20

Lenders are struggling to deploy deposits into interest-earning assets, and changes to post-secondary education may further limit these options.

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Longtime CEO of Superior Choice Credit Union to step down

09/01/20

Gary Elliott will retire at the end of 2020, and the credit union has hired a search firm to help find its next leader.

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Sound Credit Union in Wash. buying branch from First Interstate

08/31/20

The deal continues Sound's push into markets north of its Tacoma headquarters.

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Sound Credit Union in Wash. buying branch from First Interstate

08/31/20

The deal continues Sound's push into markets north of its Tacoma headquarters.

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Student borrower protection bill on verge of passage in California

08/28/20

The legislation, which would apply to both banks and nonbanks, would give borrowers the right to sue for damages when servicing violations occur.

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