N.H. College Turns to CU Leaders for Recovery Tips
The sessions, titled "Cooperatives in Troubled Times," included a Webinar on how credit unions are helping members manage the economic downturn and build savings. The session also featured strategies on working with low-income residents to gain access to banking services. Southern New Hampshire University's Center for Cooperatives and Community Economic Development said the Webinars were organized around a cooperative model and how they have fared during a time when for-profit companies have been stricken with capital, liquidity and credit quality issues.
The Oct. 14 panel included Ronald Covey, president/CEO of St. Mary's Bank, Clifford Rosenthal, president/CEO of the National Federation of Community Development Credit Unions. and Daniel Egan, president of the Massachusetts, New Hampshire and Rhode Island Credit Union Leagues.