First Catholic Federal Credit Union and Michigan Catholic Credit Union recently gained regulatory approval to merge. The merged credit unions will assume the new name of Alliance Catholic Credit Union.

In just a very few years, credit unions have become persuaded that they need to play in the technology arena. And a related reality is the spreading belief that technology may allow smaller institutions to very successfully compete against much larger ones, said Tony Rasmussen, a senior vice president at...

Industry economists agree that if the U.S. plunges off the fiscal cliff Dec. 31, credit unions probably wont see any ill effects right away. However, even if a so-called grand bargain is reached between Democrats and Republicans, credit unions could see the loan growth momentum gained this year grind to...