Fresh Today

Fresh Today

RENO, Nev.–CUToday.info’s newest update on why credit unions say they have to merge finds the standard “improved products and services” listed, but also many CUs pointing to costs of regulation and technology, as well as merger-related compensation packages (including for one CU’s chairman), just a few distributions of net worth even in highly capitalized CUs, a CU where both employees have died, and the end for a small CU serving the lone Macy’s in Montana.

DENVER– Credit Union of Colorado has named a new CEO to succeed Terry Leis, who retired after more than 20 years with the credit union.