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On the day they sign loan papers, very few borrowers look forward to future conversations with a debt collector, yet, many end up having that exchange.
Read how credit unions are thriving in cities where residents have the most debt in collections.
When the announcement that Rodney Showmar would be the new president/CEO of Arkansas Federal Credit Union hit the desks of savvy trade press editors, it caught their attention.
The $966 million Arkansas Federal Credit Union in Jacksonville, Ark., said Rodney Showmar, its current vice president and COO, will president/CEO after current President/CEO Larry Biernacki retires on Aug. 4.
Vice President/COO Rodney Showmar will move up to replace the retiring Larry Biernacki.
The NCUA has prohibited six more individuals from participating in the affairs of any federally insured financial institution, the agency said June 30.
Two former president/CEOs are among those whose credit union careers are finished.
While economists predict big loan gains this year, credit union leaders remain cautious.
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