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Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
The NCUA's FOM rule starts a new chapter of growth for CUs, especially in community charters, rural districts and underserved areas.
Matt Rarden takes over the helm at Kirtland FCU, New Mexico's fourth largest credit union.
The ruling confirms Navy Federal, and by extension all federal credit unions, has the right to litigate lawsuits in federal courts.
Experts say the newly adopted rule is key to building scale for marketplace viability.
Armed with a shotgun, Mary Ann Crossland holds five employees and members hostage for two hours; no one is injured.
NCUA Board Chairman Rodney Hood is committed to helping MDIs thrive, but others say additional industry-wide initiatives are needed.
The Indiana credit union will acquire Our Community Bank for about $13 million.
In Illinois, the $204 million NorthStar Credit Union plans to consolidate with the $308 million NuMark Credit Union.
Financial Partners Credit Union looks to enhance market position to compete with extremely aggressive car dealers.
LSCU surveys show member cooperatives also processed nearly 4,000 PPP loans valued at more than $198 million.