The $3.6 billion Corporate America Credit Union has hired NCUA Corporate Field Supervisor Dan Buckley to be its vice president of risk management.
Corporate America CEO Thomas Bonds confirmed the hire today, and said Buckley's report date is Sept. 13.
Bonds said Buckley will bring extensive knowledge to Corporate America regarding the management of investments that will be permitted under NCUA's proposed corporate rules. Despite selling off the last of its so-called legacy assets last month, the Birmingham, Ala.-based corporate has nearly doubled assets since July 2009, growing $500 million during July 2010 alone. Its investment portfolio has grown from $1.4 billion investments available for sale as of July 2009 to $2.8 billion one year later.