Credit Union Management

Plus, Velera appoints three new credit union CEOs to its board as associate directors.

Plus, Redstone FCU appoints a new board member to complete the unexpired term of a board member who resigned.

Call Reports show the credit union, chartered in 2022, has been undercapitalized since June 2025.

The credit union discusses the factors that fuel its significant scholarship program and how it increased funding from $615,000 in 2025.

The trade group warns that removing certain cross-references will increase burdens on the state-chartered CUs it represents.

The filter for major decisions should always be the same: Does this enrich lives, or does it just improve the balance sheet?