Federal credit unions

Truliant adds to Va. footprint with merger

11/13/20

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.

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NCUA moves to loosen derivatives rule for credit unions

10/15/20

The credit union regulator has held back in allowing the use of derivatives but has released a proposal that would remove red tape for some larger institutions.

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Merger would broaden Nuvision’s reach in Wyoming

10/15/20

The Southern California-based credit union would add a fourth branch in the Cowboy State if members of the merging credit union approve the deal.

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Small Virginia Beach credit union to merge into Chartway FCU

09/29/20

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.

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State-chartered credit unions make gains despite pandemic

09/14/20

Federal credit unions still account for more than 60% of active institutions, but their share of total assets continues to shrink.

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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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NCUA’s low-income designation hurts service members

06/18/20

A decision that expands the low-income definition to all active-duty military personnel will only enable large credit unions to push out smaller competitors, removing choice for people in the military.

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Ending the credit union tax exemption hurts everyone

02/24/20

The author of a recent op-ed fails to realize that making credit unions pay corporate taxes would drive up costs for customers and weaken the economy.

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Another credit union-bank deal, another misinformed complaint

02/03/20

Despite what one critic says, Alaska USA Federal Credit Union’s acquisition of branches from TCF Financial will help underserved communities in Arizona.

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Upsides of bank sales to credit unions

01/30/20

The benefits include improved financial inclusion, the chairman of the NCUA argues.

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