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Earlier this month, three credit unions announced vaccine mandates for all employees. According to research by CU Times, a fourth credit union, the Kensington, Md.-based Signal Financial Federal Credit Union ($451 million in assets, 20,130 members) has been added to that list. The other credit unions included:
|- Allegacy Federal Credit Union, headquartered in Winston Salem, N.C., $1.9 billion in assets, 164,574 members.
- Credit Union of Texas, headquartered in Allen, Texas, $1.7 billion in assets, 143,811 members.
- Hawaii State Federal Credit Union, headquartered in Honolulu, $2.2 billion in assets, 121,177 members.
Each credit union stated the main reason for the mandate was due to the surge in the COVID-19 Delta variant spreading across the U.S.
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Michael Ogden
Editor-in-Chief at CU Times. To connect, email at [email protected]. As Editor-in-Chief of CU Times since 2016, Michael Ogden has led the editorial team in all aspects of content strategy and execution, including the creation of the publication’s exclusive and proprietary research database of the credit union industry’s economic landscape. Under Michael’s leadership, CU Times has successfully shifted to an all-digital editorial product with new focuses on the payments, fraud, lending and regulatory beats. Most recently, he introduced a data-focused editorial product for subscribers that breaks down credit union issues into hard data, allowing for a deeper and more factual narrative for readers. In 2024, he launched the "Shared Accounts With CU Times" podcast, which offers a fresh, inside-the-newsroom perspective through interviews with leaders from the credit union industry and the regulatory world. He dives into pressing credit union issues, while revealing the personalities working behind-the-scenes to push the credit union world forward. His background includes years as a radio and TV anchor/reporter and a public relations and digital/social media manager, where he covered the food and music industries, as well as cooperatives and credit unions. Over the years, he has launched numerous exclusive video and podcast series, including a successful series of interactive backstage interviews with musicians at music festivals, showcasing his social media and live streaming production skills.
