Credit Unions


  • Sen. Elizabeth Warren (D-MA) speaks during a Senate Banking, Housing, and Urban Affairs committee hearing on January 11, 2024 in Washington, DC.
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    Senate Democrats press credit unions on overdraft, NSF fees

    Sens. Elizabeth Warren, Cory Booker and Richard Blumenthal seek answers from 21 credit unions on their overdraft programs by Dec. 14.

    By Dec. 3, 2025
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    Florida credit union to buy Georgia bank

    The transaction, set to close in the second or third quarter of 2026, will expand Community First’s asset total to $3.3 billion with a 31-location footprint.

    By Nov. 19, 2025
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    El Paso credit union to buy 11-branch bank

    GECU said the deal “sets the stage for a strong combined entity that can support even more members and businesses with their financial needs.”

    By Nov. 18, 2025
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    Michigan State credit union group acquires fintech Tandem

    The acquisition of the couples-focused finance app is part of the $8.26 billion-asset credit union’s plan to create “an end-to-end family banking ecosystem.”

    By Nov. 14, 2025
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    Suncoast eyes member credit growth with Bloom+

    “Credit's always been this chicken-or-the-egg,” said Bloom Credit CEO Christian Widhalm. “If you don't have credit, it's hard to get credit.”

    By Oct. 22, 2025
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    iStock / Sekulic

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    Sponsored by GoWest Credit Union Association

    The smart sale: some banks choose mission over margin

    If a bank has to sell, a credit union partner might be worth considering.

    Sept. 22, 2025
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    Illinois credit union to buy bank; NCUA closes Maryland credit union

    Fewer CU-bank deals have been announced in 2025, and the NCUA has been plagued with changes.

    By , Sept. 2, 2025
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    Connecticut credit union discloses data breach

    Roughly 172,000 people’s information may have been exposed in a June cyber incident against North Haven-based Connex.

    By Aug. 15, 2025
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    Louisiana credit union to buy in-state bank

    Heritage Nola’s nearly $26 million deal with OnPath Credit Union comes after the bank mutually terminated a merger proposal with a Louisiana lender, MC Bancshares. 

    By July 25, 2025
  • A close-up photo of Todd Harper, who served as chair of the National Credit Union Administration board.
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    Kevin Dietsch / Staff via Getty Images
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    Judge reinstates fired NCUA members

    President Trump fired Todd Harper and Tanya Otsuka in April, leaving one sole member to perform supervisory and enforcement duties over the U.S.’s more than 4,000 credit unions.

    By July 23, 2025
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    San Francisco credit union to buy California bank

    The deal marks the eighth whole-bank purchase by a credit union announced this year.

    By July 23, 2025
  • Navy Federal Credit Union, Douglasville Georgia location
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    Senators demand details behind CFPB ending Navy Federal order

    Sen. Ruben Gallego, D-AZ, led lawmakers accusing the bureau of “lip service” over its refocus toward “threats” to service members and veterans, in its “abrupt” reversal on a $95 million penalty against the credit union.

    By July 21, 2025
  • Navy Federal Credit Union, Douglasville Georgia location
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    CFPB drops $95M overdraft case against Navy Federal

    The move is yet another example of the current bureau’s retreat from Biden-era consent orders.  

    By July 2, 2025
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    NCUA closes 2 credit unions in 2 days

    The regulator closed Aldersgate Federal Credit Union and Butler Heritage Federal Credit Union; Aldersgate was placed in conservatorship last month, after operating in an “unsafe and unsound manner.”

    By July 1, 2025
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    Banking conferences yet to come in 2025

    Gatherings can be idea generators, or crucial chances to network — especially amid an environment where political change can yield previously unexpected possibilities and partnerships.

    By June 27, 2025
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    Warren, Waters probe NCUA chair on Trump firings

    A letter sent Friday follows up on “troubling information” received from the NCUA IG after the April firings of two board members.

    By June 20, 2025
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    Idaho credit union to expand into Montana with bank buy

    First Citizens Bank of Butte will be the sixth whole bank a credit union has announced it would acquire in 2025.

    By May 2, 2025
  • A close-up photo of Todd Harper, who served as chair of the National Credit Union Administration board.
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    Kevin Dietsch / Staff via Getty Images
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    NCUA’s Harper: Firings laying groundwork for Fed dismissals

    “I think they’re chipping away, so that they can get to the Federal Reserve Board,” the former NCUA chair said Thursday of his and a fellow board member’s dismissal by the Trump administration.

    By May 2, 2025
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    NCUA liquidates NJ credit union

    Unilever Federal Credit Union, with roughly $46.6 million in assets, was declared insolvent and asked to cease operations Wednesday. 

    By May 1, 2025
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    Safe Harbor’s new CEO: ‘The idea is: grow’

    Terry Mendez, who replaced Sundie Seefried this year at the helm of the cannabis banking pioneer, has cut costs and seeks to rebound after the company’s loss nearly tripled last year.

    By April 30, 2025
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    Fired NCUA board members sue Trump

    Todd Harper and Tanya Otsuka’s removals were “patently unlawful," the lawsuit claims. Two lawmakers wrote the NCUA’s inspector general Tuesday asking how a one-member NCUA board can operate.

    By April 29, 2025
  • A view of the historic Old Florida State Capitol building, which sits in front of the current New Capitol, on November 10, 2018 in Tallahassee, Florida.
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    MidFlorida Credit Union buys Tallahassee bank

    Acquiring Prime Meridian Bank would give MidFlorida a physical presence in the state’s panhandle. It's the credit union’s third bank purchase since 2019.

    By April 23, 2025
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    Oregon credit union to buy in-state bank

    Salem-based Maps Credit Union’s purchase of Lewis & Clark Bank marks the fourth whole-bank acquisition proposed by a credit union this year.

    By April 16, 2025
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    Credit union trade group chief to retire

    Jim Nussle will retire as CEO of America's Credit Unions, though no exact date was given. Nussle plans to remain until a successor is found.

    By April 7, 2025
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    Alabama credit union to acquire in-state community bank

    Legacy Community Federal Credit Union’s move to buy Cullman-based First Community Bank is the third proposed acquisition of a bank by a credit union this year.

    By March 19, 2025