Sarah Moore, who was CFO leading up to one of the largest bank failures in history, will replace ACUA Administrator Larry Morgan.
While the artist’s life was not for her, Debra Schwartz, president/CEO of San Diego-based Mission Federal Credit Union, has been quietly creating a masterpiece across the canvas of the credit union industry.
Jeanne Kucey, president/CEO at JetStream Federal Credit Union, has always been a believer in the philosophy that great risk leads to great returns.
Former St. Paul Croatian FCU President/CEO Anthony Raguz, whose actions helped trigger one of the largest credit union failures in history, pleaded guilty on Sept. 29 to six criminal counts, including bank fraud, money laundering and bank bribery in federal court in Cleveland.
Former executive guilty for theft that led to CU failure.
In an effort to reduce losses to the NCUSIF, the NCUA on Wednesday announced a pilot program in which institutions that acquire failing credit unions can purchase and service loan pools and the NCUA would reimburse a percentage of any loan losses.