Twenty-three year CEO Larry Scott steps down to be replaced by COO Jerry Benton as of July 1.
The leader of a home-based credit union said the NCUA wants to eliminate the remaining 95 credit unions operating out of homes by requiring them to move into commercial office space.
The CUSO's Make Your Money Matter social media platform is named best educational website at the edgy art and technology festival in Austin, Texas.
What does a home-based credit union look like? CU Times found photos of five that say the NCUA's proposed rule could shutter them forever.
The NCUA approved 12 consolidations in January 2014, down from 17 in January 2013, and 22 in January 2012.
Pamella Easley has been appointed the new president/CEO of business lending CUSO Business Partners LLC.
The NCUA approved only about half as many mergers in January as it did two years earlier.
Read eight comment letters filed in response to the NCUA's proposed rule that would ban home-based credit unions.
Although mergers completed in 2013 decreased from 2012, NCUA Economist John Worth said the pace hasn't changed much since 2000.
Former American First CU CEO, Pamella Easley, takes over at business lending CUSO once owned by the failed Telesis Community CU.