Page 16 - Cuj Feature News Today

Davidson County Chancery Court Judge Patricia Moskal ruled that Orion Federal Credit Union’s acquisition of Financial Federal Bank is legal under Tennessee law. The decision provides a road map for courts in other states to follow for similar M&A deals.

Through the development of data-driven DEI benchmarks and increased dialogue with both multicultural staffers and customers, these executives are helping to cultivate more representative talent.

TikTok and Instagram star Emily Zeck — a.k.a. That Pineapple Girl — is one of the young celebrities helping Community Credit Union Florida educate local high schoolers about how to handle money in the digital era.

Bankers are not pleased with a new bill introduced by Maxine Waters, D-Calif. — aiming to help underserved markets — that would expand credit unions' membership and remove restrictions on their business lending.

Some U.S. credit unions are hopeful that rising employment and auto lending activity will bring consumers back, countering the effects of inflation and rate hikes that have weighed on growth.

In a nation dominated by six large banks, credit unions hope to build membership by taking advantage of the data-sharing rules that would allow them to broaden their reach through fintech partnerships.

Kinecta Federal and Hawaii State Federal are launching smaller, high-efficiency branches and creatively managing real estate to better meet members where they are as well as cater to a younger demographic.

The quartet have formed United Financials Capital, a credit union service organization that will allow its founders to fund larger loans than they would be able to individually.

The founders of the Credit Union Women's Leadership Alliance are establishing workshops for networking and training with the hope of helping female leaders grow their organizations.

Multiple factors have slowed residential sales, tightening the market for home loans for banks and credit unions.