Bellwether Community CU's CEO and New Hampshire league chair Michael L'Ecuyer reaches out to community bank counterparts ahead of July 21 date.
A former credit union executive turned banker says she welcomes CU reps on a Fed panel she heads, but opposes CU tax exemption.
Michael Brown of JSC FCU got to exchange views with the CEO of a converted CU bank on the Durbin amendment and member business lending at one of those Federal Reserve meetings Tuesday.
The credit union tax exemption continues to evoke bank-CU clashes–even at one of those information-gathering Federal Reserve meetings aimed at demonstrating grassroots harmony.
CEOs representing two of Texas’ largest credit unions applauded the central bank Thursday for recognizing the industry during a series of Federal Reserve-run grassroots conferences now ending its first month.
Three more CEOs–representing some of the largest credit unions in New York state–have now been named to serve on a special bank/CU advisory panel of the Federal Reserve Bank of New York.
Even with ongoing fallout, the shock of the corporate crisis may at last be wearing off, shedding a more positive light on some of the surviving corporates, according to Charles Emmer, the president/CEO of Ent Federal Credit Union.
Gary Soukenik, president/CEO of Seven Seventeen Credit Union, added his voice Monday to the chorus of credit union CEOs eager to become enthusiastic advocates for the industry on the newly formed Community Depository Institutions Advisory Council of the Federal Reserve.
Two more credit union CEOs, one from Rapid City, S.D., and the other from Duluth, Minn., will be filling the so-called outreach slots on one of those Federal Reserve Board Advisory panels made of community bank and CU leaders serving district banks.
The initial reviews are in from the meeting this week between credit union CEOs, community bank CEOs and top brass of Federal Reserve banks, and so far the assessment of what was discussed on everything from interchange to Fannie/Freddie status was favorable.