Credit unions convert to new core processors - or expand current systems - to accommodate growth strategies.
Read about this week's credit union industry career moves.
MECU's Bert Hash has tripled the credit union's assets in 15 years and was CU Times' Trailblazer CEO of the Year in 2007.
A new Senate plan would insure and regulate mortgage backed securities like credit union deposits.
Although mergers completed in 2013 decreased from 2012, NCUA Economist John Worth said the pace hasn't changed much since 2000.
Read about new hires, promotions, retirement announcements and other career milestones.
The $1.5 billion ORNL Federal Credit Union in Oak Ridge, Tenn., will build a new building and renovate another.
Mary Martha Fortney, who has led NASCUS as president/CEO for 11 years, will retire this year. O'Rourke and Associates chosen as search firm.
The federal regulator approved just 17 mergers in November 2013, lower than previous months and the 23 approved in November 2012.
Daniel Weickenand, CEO of the $531 million Orion FCU in Memphis, Tenn., said low margins and risk forced him to discontinue non-QM loans.