Clifford Rosenthal, CEO of the National Federation of Community Development Credit Unions, is leaving the federation to take a position with the Consumer Financial Protection Bureau.
Longtime National Federation director begins new job on May 7.
Rosenthal declined to identify his future employer prior to that organization making an announcement.
Amid the general excitement about Bank Transfer Day, some commentators have urged caution upon credit unions. They have pointed out that small-dollar, single-product new members may not be profitable; that a large influx of deposits may dilute net worth ratios; and that promises that “we’ll never charge you fees” may...
The nomination of Carla Leon-Decker to the NCUA Board was welcomed Friday by the National Federation of Community Development Credit Unions.
National Federation exploring possibility of aggregating loans to participate in new bond guarantee program.
A group of lawyers that proved instrumental in helping credit unions navigate the details of the U.S. Treasury Department's Community Development Capital Initiative loans has recognized community development credit union leader Clifford Rosenthal for his public service leadership.
Community CU leader returns compliments to Lawyers Alliance for New York in enabling small CUs to negotiate federal program.
The National Federation of Community Development Credit Unions has won a grant to be used to help senior citizens reach financial security.
Mission SF Federal Credit Union of San Francisco has lost its battle to stay independent.