NCUA Board Member Gigi Hyland doesn’t have to order a moving van any time soon. Even though her term on the board expired on Aug. 2, President Obama hasn’t nominated anyone to succeed her.
Board member's term ends, but she is not departing.
The Members Group, the Des Moines-based card and payments processor serving credit unions, is losing its long-time president/CEO, Tom Kuehl, who is retiring by year end.
A consumer group backed by Visa USA is trying to generate letters from consumers in support of a legislative effort to delay implementation of a cap on debit card interchange.
The seeds for this year's shakeup-or convulsion-of the nation's corporate system may have been sown in 2007 and 2008 with the subprime debacle.
Credit unions may soon have another alternative for their payment system processing through a new CUSO scheduled for launch by the corporate credit union network.
The $3 billion Mid-Atlantic Corporate Federal Credit Union, long ranked among the healthiest, made clear this week it remains on its own in serving its credit union base and is apparently not joining any CUSO consortium.
The head of Alabama-based Corporate America Credit Union, Thomas D. Bonds, is speaking out this week on recent corporate developments, venting some strong views and projections.
The Association of Corporate Credit Unions today announced that a CUSO will be formed for credit unions payment systems.
Industry consultant Larry Harmon has been named interim executive director of the Association of Corporate Credit Unions.