Two Michigan credit unions with same CEO to merge
Rivertown Community Federal Credit Union and Allegan Credit Union in Michigan will join forces in January under their shared boss, Kris Lewis.
Source: americanbanker.com
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How the war in Ukraine has inspired aid from banks, credit unions
Financial institutions have launched tailored relief campaigns to help refugees begin rebuilding their lives.
Source: americanbanker.com
'We aren't being recognized': Workers' union bid at one financial institution
Employees of a Lake Michigan Credit Union branch say they're fighting to organize after upper management failed to respond to their complaints about pay disparity, COVID-19 benefits and more.
Source: americanbanker.com
Remote work debate rages on at credit unions nearly three years into pandemic
Many U.S. companies — including JPMorgan Chase, Morgan Stanley and Apple — have drawn attention for increasing pressure on employees to show up more at the office as COVID-19 concerns ebb. Some credit unions have taken similar steps, while others still insist a hybrid schedule is better for recruitment.
Source: americanbanker.com
Iowa credit union buying community bank to enter Minnesota
Veridian Credit Union's deal for American Investors Bank and Mortgage is the 12th this year in which a credit union would acquire a bank.
Source: americanbanker.com