Field of membership

10 ways coronavirus upended credit union industry in 2020

12/31/20

From dealing with a flood of deposits to working with examiners virtually, credit unions were forced to quickly adapt to a new normal after the pandemic hit. Here's a look at some of the biggest changes and challenges they faced.

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Our most read credit union stories from 2020

12/29/20

Fallout from the coronavirus pandemic consumed the industry this year, but other events, including a scandal at the National Credit Union Administration and a credit union under fire for lack of board diversity, also made waves.

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2020 in review, from COVID upheaval to the taxi medallion mess

12/28/20

A look back at a year in which little went according to plan for credit unions.

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Florida's SunState FCU to rebrand following charter conversion

12/11/20

The Gainesville, Fla.-based credit union has converted from a federal to a state charter and will debut its new brand identity early next month.

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Treasury Department FCU gets field-of-membership expansion

12/04/20

The Washington, D.C.-based institution could see its membership grow by as much as 72% now that federal regulators have approved the move.

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Hiway expands field of membership, tweaks branding after charter change

12/01/20

The credit union now has a community charter to serve seven counties in addition to several select employee groups.

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Olean Area FCU makes interim CEO permanent

11/19/20

Richard Yeager's promotion comes at a time of growth for the New York-based institution, including having recently been granted a field-of-membership expansion.

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$100K and a dream: College senior plots student-run credit union

11/18/20

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.

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Trouble keeping up with cybersecurity pushes Ky. credit union to merge

11/06/20

Muhlenberg Community Hospital CU said in a notice to members it needed a merger partner in part because it did not have the resources to keep up with monitoring for "cybersecurity and terrorism activities."

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Tri-Valley Service Federal Credit Union approved for community charter

11/04/20

The Pittsburgh-based institution can now serve more than a dozen municipalities in the Keystone State.

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