News

Providing no additional details, an employee at AOD Federal Credit Union told Credit Union Times on Sept. 9 that Richard Simonton is no longer the cooperatives president/CEO.

Fortunate is the word Tamara Langton, vice president of business transformation at the $2.2 billion Coastal Federal Credit Union, said sums up her leadership journey so far.

The number of credit unions that have been hit by lawsuits alleging patent infringement keeps growing.

Diana Dykstra still remembers her first day at The Golden 1 Credit Union. The former Bank of America employee was hired in August 1982, the very day Californias second-largest credit union reached $200 million in assets.

The $318 million Belvoir Federal Credit Union in Woodbridge, Va. hosted one week of casual dress in which employees donated $3 per day or $10 for the week for the privilege.

Experts cite low delinquency rates, loan and non-interest income revenue growth.