CEO of Teachers Credit Union steps down unexpectedly


Paul Marsh resigned as president and CEO of the South Bend, Ind., credit union on Tuesday after 30 years there. An interim chief has been named and the board is searching for a permanent successor.



Indiana’s second-largest credit union to get a boost with merger


Indiana Members CU will expand its reach later this year following completion of a proposed combination with Members Choice FCU.


ProFed Credit Union's new CEO started as a teller


Konstantina Baker has been appointed to lead the Fort Wayne, Ind.-based institution following the retirement of longtime CEO Gregory Troutner.


Ball State Financial CEO retires after merger


Randy Glassman spent 33 years in the industry and recently led his credit union through a merger into Financial Center First Credit Union.


Minimum wage rises again at Notre Dame FCU


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.


Small credit unions in Muncie, Ind., plan merger


The combined institution will hold roughly $30 million in assets and serve about 4,000 members.


Financial Center First splits president and CEO roles


Cameron Minges will become president of the Indianapolis-based credit union effective Jan. 1.


Credit unions gird for more branch shutdowns as COVID rates spike


With coronavirus cases on the rise, Hoosier Hills CU in Bedford, Ind., has chosen to temporarily restrict access to its facilities. Observers say other institutions are likely to follow suit eventually, whether they want to or not.


First Merchants to shuffle management after CEO's retirement


Michael Rechin will step down at the end of this year. The Indiana company tapped CFO Mark Hardwick as its next CEO, while Michael Stewart, its chief banking officer, will become president.