Bob Steensma, whose credit union assumed JAFCU's member shares and some assets Wednesday, shares details of the bidding process, balance sheets and his hopes for a bright future.

Credit union CDFIs could face new Target Market requirements under proposed changes to the certification process.

These five Rising Star finalists are bringing fresh ideas, bold thinking, and an unwavering commitment to serving members and communities at credit unions with assets totaling at least $4 billion.

Five Star assumes member shares and some assets after the NCUA determines the troubled credit union was insolvent with no prospect of recovery.