San Francisco FCU Names New CEO

The $1 billion San Francisco Federal Credit Union said Monday it appointed Jonathan Oliver as president/CEO. He succeeds Steven Stapp who left San Francisco FCU last year to become the president/CEO of the $1 billion Unitus Community Credit Union in Portland, Ore....

Credit Union Hits the Gas With Online Car Buying

Consumer interest in buying cars online is flourishing, and one credit union’s plan to capitalize on that trend is highlighting just how much the internet is changing the way credit unions operate in the digital era. Earlier this month, Orlando, Florida-based...

Reign In CFPB, Redesign CU Rules: Treasury Department

Financial regulators and Congress have done a poor job of tailoring regulations to the size of financial institutions, the Treasury Department said Monday, in calling for many of the changes long advocated by credit unions. “As banking regulators are approaching...

Shares & Deposits Up, Membership Down at Fed Insured CUs

Federally insured credit unions showed continued improvement in nearly every category during the first quarter of 2017, with large credit unions continuing to outpace smaller ones, the NCUA said Monday. At the median, shares and deposits rose in every state over the...