The credit union industry is familiar with interim U.S. Central Federal Credit Union CEO James Nance, who was named that corporate's asset-liability vice president in 1993.
However, Western Corporate Federal Credit Union's new CEO Philip Perkins is relatively unknown to the industry.
NCUA spokesman John McKechnie confirmed that Perkins was most recently senior vice president and portfolio manager at Delaware Diversified Income Fund in Philadelphia. Perkins previously served as Delaware Investments' senior vice president/mortgage backed securities and was managing director, global markets at Deutsche Bank A.G., London.
Nance was most recently chief administrative officer at Icap Capital Markets in New Jersey.
McKechnie said of the picks, "both of these guys are top drawer executives with lots of experience, and that should help to reassure the industry. We have experienced talented hands at the wheel."