The board of directors of CBC Federal Credit Union recently appointed Patrick Miller as its new president/CEO. Miller brings more than 22 years of financial industry experience, including sales, marketing, compliance and operations. Most recently, he was vice president, branch operations for Navy Federal Credit Union.
With a robust business deposit program and ample room to grow its business loan portfolio, Navy Federal Credit Union wants to create alliances across the country to help other credit unions expand too.
Navy Federal Credit Union is opening its 221st branch on Monday, a new facility in Riverside, Calif., serving March Air Reserve Base.
A federal judge has sentenced a used car salesman to seven years in prison for defrauding $1.2 million from Navy Federal Credit Union.
The 3.9 million-member, Virginia-based credit union expects to add 600 employees there, bringing its Pensacola total to 3,000 within a year.
Special incentives for small savers.
Navy Federal, Pen Air teamed up on financing for project about to go under construction at Pensacola airport.
Member Mall includes more than 700 retailers, discounts, reward points and free shipping.
Commercial loans from two credit unions will provide the financing for the construction of a new hotel development that will eventually employ hundreds of residents of Pensacola, Fla., according to one of the credit unions that made the loans.
Credit union lending to fund $13 million of $17 million expected price tag for 127-room hotel.