An increasing number of executives are pessimistic about the 2013 outlook for their credit unions because of more regulations, low interest rates and a weak economic recovery, according to a Web survey of 271 credit union leaders by Abound Resources, an Austin, Texas-based management consulting firm.
Credit union executives from three countries and three states comprise the five finalists for the Next Top Credit Union Exec award from CUES.
Winner to be determined at gathering in Florida in November; finalists from U.S., Canada and Australia.
Robert N. Trunzo has been promoted to president of CMFG Life Insurance Co. at CUNA Mutual Group. He had been EVP and COO of CMG.
Jim Adamczyk can remember receiving an increase in calls from banks interested in FAIRWINDS Credit Union’s auto loan portfolio. That was as recent as 2010, said Adamczyk, executive vice president of lending, for the $1.7 billion cooperative in Orlando, Fla.
Credit union events at the Republican National Convention happened outside the walls of the Tampa Bay Times Forum last week, but two credit union CEOs were among those inside the convention, listening to the speeches and roll call.
An Internet trailblazer and former banking executive are the unusual pair behind the chartering and eventual launch of the newest federal credit union.
Summit Business Media announced last week that Credit Union Times Editor-in-Chief Sarah Snell Cooke has been promoted to publisher/editor-in-chief.
Consultants seem to agree that governing a credit union has become more daunting. And the trend toward greater board accountability isn’t likely to go away.
The Northwest Credit Union Association made it official last week. Its veteran CEO John Annaloro is retiring Oct. 2. He will be succeeded by Troy Stang, the president of the trade group that resulted from the merger of the Oregon and Washington leagues in 2011 and includes members from Alaska.