This past week, seven credit unions announced promotions, new hires and retirements. In addition, CUNA Mutual Group, Arch Mortgage Insurance Group and La Macchia Group shared news about their executive teams. WEST The $2.2 billion Technology Credit Union in San Jose,...
Credit Union Industry News & Updates
The Credit Union & Banking worlds are changing faster today than they ever have. Keep informed about what’s going on in the industry.
WHAT’S GOING ON AT CREDIT UNIONS?
3 Reasons Financial Wellness Might Sting
Two new financial wellness reports contain sobering thoughts for workers and employers, and the financial professionals who serve them. Prudential Financial Inc. has published a guide to financial wellness programs by two of the company's top...
Space Coast CU Names New CEO
Board members of the $4 billion Space Coast Credit Union were working on a leadership succession plan when their President/CEO Douglas Samuels died suddenly and unexpectedly at the age of 57 on May 12. “Always the watchdog, Doug expressed a concern to the...
Conceptualizing the Future of Lending Technology: CU Direct’s Drive
CU Direct's Innovation Lab opened in Irvine, Calif., in March. LAS VEGAS – CU Direct’s 2017 Drive conference came two months after the grand opening of the Ontario, Calif.-based lending CUSO’s Innovation Lab in Irvine, Calif., and so far, the...
Credit Unions on Fire in Hot Economy
Credit unions are setting new records and outperforming banks this year as the U.S. economy remains robust, industry analysts said Thursday. Credit union growth is being fueled by record numbers of new members and current members borrowing more heavily. Members on...
NCUA Proposes Changes for Merger Disclosures & Transparency
An estimated 75% to 85% of credit union consolidation agreements contain significant merger related compensation for top executives, but this information is usually not disclosed to members before they vote on merging their credit union. That may change this year if...