Credit unions need a guarantee that a final risk-based capital rule won't put them at a competitive disadvantage to banks.
The $153 million Kentucky Corporate Federal Credit Union has completed its merger into the Volunteer Corporate Credit Union, according to a VolCorp statement.
As more credit unions gain low-income status, risk-based loan pricing again takes center stage.
Surviving corporate VolCorp will maintain Kentucky Corporate's headquarters presence.
Gem State credit unions lead nearly every category, including loan growth, new member growth and ROAA.
Senators Tim Johnson (D-S.D.) and Mike Crapo (R-Idaho) say the rule could hamper ag lending.
Michigan regulator Kohloff abruptly resigns as the organization continues its CEO search.
North Dakota, New Jersey and New Hampshire make this list.
The $197 million Tobyhanna Federal Credit Union in Scranton, Pa., hired Christopher Bresset as assistant vice president of consumer and indirect lending. He has more than 18 years of financial services experience, most recently with Honesdale National Bank in Honesdale, Pa.
Dodd-Frank mandated tests, which include systemically catastrophic models, produce far worse results than FHFA's testing of Fannie and Freddie.