Gen Z Loyalty Crisis: New Data Show Credit Unions Risk Losing Young Members—And Fast 08/20/2025 06:29 pm 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.
Rethinking Overdrafts—What Credit Unions Don’t See About How Members Use Them 08/20/2025 06:22 pm MILWAUKEE—For many credit unions, overdraft programs are a source of discomfort—seen either as a necessary evil or something to be quietly scaled back in the name of member-friendly practices. But according to J. Paul Leavell, that narrative is missing critical context.
Americans Pile On Debt at Alarming Pace, Adding $28B In 2024 Alone 08/20/2025 05:40 pm MIAMI—Americans are carrying a staggering amount of household debt, including over $1.2 trillion in credit card debt, $1.65 trillion in auto loans, and several hundred billion dollars in personal loans, WalletHub reported.
C. Lin Hodges To Retire From Associated Credit Union 08/20/2025 05:42 pm PEACHTREE CORNERS, Ga.—Associated Credit Union announced that C. Lin Hodges, president and chief executive officer, plans to retire in July 2026 after 46-years with the organization, including 18 years as its CEO.
DCUC, Allied Solutions, And Regional CEOs Discuss Plans For New Interstate Sub-Council 08/20/2025 06:16 pm WASHINGTON--The Defense Credit Union Council and DCUC Strategic Partner, Allied Solutions, recently joined over a dozen credit union CEOs from New York, New Jersey and Pennsylvania for a regional luncheon—sparking plans for a DCUC Interstate Sub-Council, the trade group said.
Donna Grimmett Named President/CEO Of KEMBA Financial Credit Union 08/20/2025 05:42 pm COLUMBUS, Ohio—Donna Grimmett has been named President and CEO of the $2.4-billion KEMBA Financial Credit Union here.