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Credit Unions See Big Drop in Branch Numbers

By Jim DuPlessis

NCUA data shows a net loss of 32 branches in the first quarter — the biggest drop since the fourth quarter of 2021.

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New CUSO ScribeUp Brings Subscription Management to Credit Unions

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Senate Finance Committee Preserves Credit Union Tax Exemption in Draft Bill

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June 16, 2025

Harper, Otsuka Cite Federal Ruling in Latest Court Filing Defending NCUA Positions

New filing cites a recent federal ruling to argue the NCUA Board lacks independent enforcement power, reinforcing protections against politically-motivated dismissal.

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June 16, 2025

Federal Judge Orders Ex-Melrose Credit Union CEO Pay $8.8 Million Over Fiduciary Breaches

NCUA wins civil case against Alan Kaufman under New York’s faithless servant doctrine, forfeiting six years of compensation and split-dollar insurance policy.

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June 16, 2025

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Credit Unions Gain Auto Loan Share

But an Experian report shows banks gain even more in the first quarter as captives’ share shrinks.

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June 16, 2025

PA Financial Groups Oppose Overdraft Bill

The coalition warns HB 1553 would limit consumer choice, reduce access to regulated financial services and weaken state-chartered institutions.

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June 16, 2025

Florida Lawmakers Approve Bill Modernizing Credit Union Charter

New law brings regulatory parity, expense reimbursements and greater flexibility to Florida's state-chartered credit unions.

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June 13, 2025

Texas Man Sentenced to Nearly 5 Years in $2M Credit Union Scheme

Eulice Alvey and a former assistant branch manager, sentenced earlier, exploit credit union member IDs and accounts for fraudulent loans.

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June 13, 2025

6 Credit Union Rebranding Initiatives Unveiled So Far in 2025

New names, new websites and a unified post-merger brand are among the marketing efforts happening in the CU industry.

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Top News Stories

Credit Unions See Big Drop in Branch Numbers

New CUSO ScribeUp Brings Subscription Management to Credit Unions

Senate Finance Committee Preserves Credit Union Tax Exemption in Draft Bill

Recommended Just For You

News Stories

Harper, Otsuka Cite Federal Ruling in Latest Court Filing Defending NCUA Positions

Federal Judge Orders Ex-Melrose Credit Union CEO Pay $8.8 Million Over Fiduciary Breaches

Credit Unions Gain Auto Loan Share

PA Financial Groups Oppose Overdraft Bill

Florida Lawmakers Approve Bill Modernizing Credit Union Charter

Texas Man Sentenced to Nearly 5 Years in $2M Credit Union Scheme

6 Credit Union Rebranding Initiatives Unveiled So Far in 2025