At the behest of New York Gov. Andrew Cuomo, the state’s top regulator is openly encouraging more federal credit unions to convert to a state charter.
New York Credit Union Association says it does not endorse one charter structure over another.
The 25,000-member Jackson, Miss., CU is working with two Mississippi towns to help them retain access to banking services.
Redwood Credit Union of Napa, Calif., is committed to helping people learn how to better manage their money, and it has taken to the streets to get the message out.
Hudson River Community Credit Union, Hudson Falls, N.Y., promoted Erika Williams to senior financial services officer at its Hudson Falls branch.
Credit unions rely on their existing members to keep them in business.