LAKE TAPPS, Wash.—Credit unions are increasingly turning to a once-rare strategy to tackle two of their biggest challenges: CEO succession and the need for scale.
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SCOTTSDALE, Ariz.— If you were to give the average financial institution a grade on its ability to acquire, manage and use data, it would be a “50 out of 100.”
RALEIGH, N.C.— When the pandemic forced a sudden shift to remote work, Coastal Credit Union discovered that employees could be just as productive outside the office. But over time, leadership also saw what was missing—those spontaneous hallway chats, the “meeting after the meeting,” and real-time collaboration that can’t always be replicated over Zoom.
Court Ruling On Debit Interchange Could Take Years To Play Out, But Risks For Credit Unions Are Real
WASHINGTON—A recent federal court decision striking at the foundation of the Federal Reserve’s debit interchange rule is unlikely to affect credit unions in the near term, but the long-term stakes are significant, according to Ann Petros, vice president of policy engagement and credit union operations at America’s Credit Unions.
BOSTON—Credit unions are facing a generational challenge that could define their long-term relevance. According to new research from PYMNTS Intelligence and Velera, nearly 40% of Gen Z members say they are at least somewhat likely to leave their credit union within the next year—more than double the rate across all generations. And most say they’re headed to traditional banks.
LAKE TAPPS, Wash.—Credit union merger activity picked up in the second quarter of 2025, with more deals approved and larger institutions combining than in the previous quarter, according to CEO Advisory Group.
MADISON, Wis.—Executive compensation at credit unions is continuing to rise at a healthy clip—even in the face of an uncertain economy—and there’s little sign of the trend slowing.
WASHINGTON—Credit unions may have dodged a bullet in the budget reconciliation bill signed by President Trump, but the reprieve could be short-lived.
BOSTON— What if learning how to protect your money, spot fraud, and manage a car loan felt more like a game than a lecture?
WASHINGTON — Scott Simpson, the newly named president and CEO of America’s Credit Unions, knows he’s stepping into the job at a moment when the movement faces one of its most challenging political climates in decades.