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Chartway Expands Scholarship Program to Include Trade Schools, Certifications

06/26/2026 08:22 am

VIRGINIA BEACH, Va.—Chartway Credit Union has expanded its long-running Directors' Memorial Scholarship program to include students pursuing vocational, trade, technical, certificate and licensure-based education, awarding 13 student-members $4,000 scholarships this year.

Innovations Financial CU Promotes McLane, Smiley to Director Roles

06/26/2026 08:37 am

PANAMA CITY, Fla.—Innovations Financial Credit Union has announced the promotions of Kristie McLane to director of retail and Jon Smiley to director of business lending, expanding its leadership team with two executives who will oversee key consumer and commercial banking operations.

SF Fire Credit Union Names Robert Kassab President/CEO

06/26/2026 10:49 am

SAN FRANCISCO—SF Fire Credit Union has named Robert Kassab president and CEO after he served as interim CEO, the $1.6-billion credit union announced.

Kristie McLane

Jon Smiley

sf fire

checkalt

Warsh Chairs First FOMC Meeting As Fed Holds Rates Steady

06/17/2026 03:37 pm

WASHINGTON—The Federal Reserve left interest rates unchanged Wednesday in the first Federal Open Market Committee meeting chaired by Kevin Warsh, maintaining the target range for the federal funds rate at 3.50% to 3.75% in a unanimous 12-0 vote.

Robinhood To Cut 10% of Workforce, Cites Efficiency—Not AI

06/17/2026 03:45 pm

MENLO PARK, Calif.—Robinhood Markets is eliminating approximately 10% of its full-time workforce, or about 290 positions, as part of a restructuring aimed at flattening management layers and improving operational efficiency, even as the online brokerage says business performance remains strong, Reuters reported.

ACU Backs Bipartisan Housing Deal, Urges Congress To Expand CU Parity

06/18/2026 08:31 am

WASHINGTON--As the Senate prepares to pass bipartisan housing legislation with several credit union-supported provisions, America’s Credit Unions urged the chamber to advance the measure and consider additional regulatory relief in a letter to Senators Wednesday.

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