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.
A failed attempt to charge a monthly debit usage fee contributed to Bank of America being ranked last in a customer satisfaction index.
Christopher Hilger, CEO at Allied Solutions, named new president of insurance, financial services parent Securian.
As CU's rise in the rankings, the nation's largest bank falls.
Credit unions break records again.
Members of MAFCU Federal Credit Union will have access to financial and investment planning through a new partnership.
New York Credit Union Association says it does not endorse one charter structure over another.
Longtime customers of Thrivent Financial Bank, an Appleton, Wis.-based bank with credit union roots, may experience confusion and feelings of déjà vu in the coming months as the bank returns to being a credit union.
Credit union leaders have not said much about the news that Thrivent Financial for Lutherans is narrowing the business focus of its subsidiary Thrivent Financial Bank and launching a credit union for the bank's retail business.
A dispute over who owns the rights to the name of a long-standing credit union real estate institution appears to pit a mortgage consultant within one of the institution's chapters against the leading provider of private mortgage insurance for credit unions.