Waterbury, CT - Skyline Financial Federal Credit Union is pleased to announce the promotion of Benjamyn Frye to Chief Operating Officer (COO) and Executive Vice President, a key leadership position that will further strengthen the organization's operational excellence and commitment to exceptional member service. In his new role, Frye will ov...
The two-year Treasury yield moved from 0.27% to 4.40% in just fifteen months between October 2021 and January 2023. The impact was immediate and widespread. Industry-wide unrealized losses peaked at $41 billion. Liquidity ratios dropped from 18.4% to 11.5%, well below the decade average. Return on assets fell from 68 basis points in 2023 to 63...
Credit unions have always differentiated themselves by building solutions around Member needs rather than putting Members into standardized products. In today's mortgage market, that philosophy is a reason to take a closer look at the adjustable-rate mortgage.For many borrowers, especially in high-cost states, affordability is no longer mainly ...
Credit unions compete on trust, and that trust is built one customer service interaction at a time. Yet, those interactions are becoming more complex as inquiry volumes rise, compliance requirements tighten, and member expectations continue to grow. When demand, staffing, and service expectations fall out of balance, the strain lands on frontli...
TUSTIN, Calif. (June 23, 2026) – SchoolsFirst Federal Credit Union has awarded more than $200,000 in college scholarships to 245 students as part of its 2026 Member Education Award (MEA) scholarship program.Launched in 2000, the program supports the long-term success of its Members pursuing their educational goals. The majority of the 2026 winner...
OKLAHOMA CITY, OK (October 14, 2025) – Tinker Federal Credit Union (TFCU) has named Jennalee Hunter senior vice president of human resources. In this role, Hunter oversees the credit union’s human resources operations, including hiring and staff development, employee relations, compensation, benefits and organizational growth. Hunter began...
For years, the rallying cry across the credit union movement has been digital engagement. Members rarely visit a traditional branch for routine transactions, instead carrying a full-service credit union in the palm of their hand to check balances, deposit checks, and transfer funds digitally on their mobile device. As a result, credit unions meticu...
~Partnership positions credit union to bring faster, more seamless payment options to members and businesses~ PORTLAND, Ore., (April 21, 2026) – Payfinia, an independent payment services firm providing an open payments framework, today announced a strategic partnership with Dunedin, Fla.-based Achieva Credit Union (‘Achieva...
Credit unions across Texas posted strong gains over the past year, with several institutions recording double-digit asset growth as they expanded their footprints in one of the nation’s most competitive financial services markets.According to data from S&P Global Market Intelligence, the top 10 fastest-growing credit unions in Texas repo...
For community banks and credit unions, the cost of a bad hire at the teller line is manageable. It results in a drawer shortage, a retraining cost, or a minor HR headache. However, a bad hire at the leadership level—whether a Branch Manager, a Loan Officer, or a VP—is a systemic risk event. You understand the baseline regulatory requirem...
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