Net income and ROA still in the black, but downward trend continues.
The credit union industry has been rocked by unexpected leadership changes recently, including Kyle Markland, who resigned Aug. 30 as president/CEO of the $1.6 billion Affinity Plus Federal Credit Union in St. Paul, Minn., after 16 years at the helm (see story, page 17), and Harry Ovitt, who was killed...
Many years ago, I learned deceit doesn’t pay. Not for me, at least. I’m a what-you-see-is-what-you-get kind of person. That straightforward quality makes me a great reporter, but I’d be a lousy politician. I can’t lie to save my life—just ask my mother, or all the traffic cops who have...
After 16 years, Kyle Markland suddenly resigned as president/CEO from the $1.6 billion Affinity Plus Federal Credit Union on Aug. 28. Markland took the helm of the St. Paul, Minn.-based credit union in December 1997.
This preview from our Sept. 11 print edition takes a look at some recent sudden openings at the top and how credit unions can respond.
A skill set required of journalists is the ability to sniff out situations that don’t add up. Lately, everywhere I turn, I get a whiff of stink.
Kyle Markland leaves behind credit union showing strong financials, although net worth lagging.
David Larson says internal letter explains reasons for Kyle Markland's leaving Minnesota credit union.
Published reports indicate resignation effective immediately. No explanation given in credit union announcement.
Pat Brekken of Richfield-Bloomington CU will continue as foundation chair.