Credit Union Management

Grodi will take over after longtime leader Chuck Purvis retires at the end of March.

A dispute over a $600 ATM deposit leads to an arrest of a longtime member and a "black while banking" accusation.

The bulk of the payouts come from American Airlines FCU and Arizona Financial CU.

Phil Smith is named president of CU of Colorado and Mike Tufegdzich is appointed CEO of Water and Power Community CU.

Matt Rookard lasts eight months as CEO before leaving in December; an interim leader has been named.

With its investment in Jesús Obrero, Inclusiv becomes the first U.S. investor to target the island's financial cooperative system.