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.
WalletHub.com ranks on metrics including repair costs, injuries.
The latest CU Times Sharper Pencil article looks at projections credit union lending will grow almost 10% this year.
Because Choice Escrow declined bank security tools, it is responsible for a $440K fraudulent wire loss.