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.
THE feature
WASHINGTON—From veteran league executives to small credit union CEOs, industry leaders are voicing support for Scott Simpson as the new president and CEO of America’s Credit Unions, calling him a proven advocate, strategic thinker, and unifying force at a pivotal time for the movement—which has taken increasing fire from Washington in the past year and faced a significant threat to its tax status.
WASHINGTON—Credit union acquisitions of banks could slow in 2026 if the FDIC moves forward with a potential new rule targeting such deals.
DALLAS—In what could prove a transformative development for credit unions, fintech firm Bank Social is introducing a private permissioned tokenized liquidity network—a new form of modernized shared branching built on distributed ledger technology that may reshape how credit unions move money among themselves and with their members.
MADISON, Wis.—Futurist Zack Kass didn’t speak directly to credit unions at TruStage’s Discovery 2025—but he might as well have.
SACRAMENTO, Calif.—At a time when credit union leagues across the country are consolidating for scale, a new organization called Fuel Solutions is taking a different path—offering collaboration without consolidation.
WASHINGTON— Is President Trump in the market for a credit union after being sidelined by major banks? One Washington analyst says it might be the right move.
TUKWILA, Wash.— In a move designed to deepen its digital transformation and sharpen its focus on member financial health, BECU has acquired the generative AI capabilities—and key staff—from fintech firm EarnUp.
MADISON—Credit union loan growth has accelerated in 2025 compared to a year ago, according to a new report from TruStage. But the company cautions that lending remains well below the industry’s historical norm of 7% annual growth and isn’t expected to return to that pace anytime soon.
PALM DESERT, Calif.—Retired U.S. Army Staff Sergeant Lance Bradford stood before a packed room of defense credit union leaders, sharing a powerful and deeply personal story. Wounded in the streets of Baghdad during one of the most violent phases of the Iraq War, Bradford recounted a harrowing firefight that nearly took his life—and the unwavering support that helped rebuild it.