Lake Michigan Credit Union workers successfully unionize
Employees of the $11.8 billion-asset institution's South Division Avenue branch organized with the Communications Workers of America in an affirmative vote.
Source: americanbanker.com
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'Mom and pop' credit unions are losing the tech race — and members
Smaller credit unions' focus on interest rates and service may not be enough to overcome a lack of tech resources. All categories below $1 billion of assets lost members in the third quarter compared to a year earlier, despite a 4.4% rise in membership industrywide.
Source: americanbanker.com
Minnesota credit union hires CEO who worked at community bank
Mid Minnesota Federal Credit Union named Bob Gerads, formerly of Falcon National Bank in Minnesota, to succeed Chuck Albrecht as president and chief executive.
Source: americanbanker.com
Digital-only Alliant Credit Union overhauls account-opening
The Chicago-based institution partnered with MANTL to streamline how credit unions onboard new customers in multiple channels.
Source: americanbanker.com
Longtime CEO of Guardians Credit Union in Florida retires
John Deese stepped down as president and CEO of the West Palm Beach credit union, effective Dec. 31.
Source: americanbanker.com