finance

  • People

    The $908 million CFCU Community Credit Union in Ithaca, N.Y., named Mark Hillegas as its vice president of consumer lending. He most recently served as vice president of lending at the $99 million Horizons Federal Credit Union in Binghamton, N.Y., for 15 years and also worked as a mortgage consultant...

  • N.Y. Fed Report Stirs Corporate CU Failures

    NCUA says onsite WesCorp and other corporate examiners were limited by regs, not influenced by executives.

  • Credit Unions Announce New VPs: People

    Read about new hires, promotions, retirements and other career milestones in this issue of People.

  • People

    Juan (Tony) Molina was appointed president/CEO of the $163 million Palisades Federal Credit Union in Pearl River, N.Y. For the last 10 years, he served as the CFO for the $91 million Community Alliance Credit Union in Dearborn, Mich., and he also worked as a financial analyst with the $574...

  • Fed to Blame for 2008 Financial Crisis: Report

    According to a report commissioned by the New York Federal Reserve in 2009, the Fed's culture for lax supervision was to blame for the financial crisis in 2008.

  • Molina Named CEO of Palisades FCU: People

    Read about new hires, promotions, retirements and other career milestones from the credit union industry.

  • Fed to Blame for 2008 Financial Crisis: Report

    Many examiners were reluctant to “press changes” on the supervised banks involved in Wall Street’s financial meltdown.

  • Small Credit Union CEOs Think Big: W2W

    Read how three strong female leaders make the small credit union business model work.

  • People

    Sunmark Federal Credit Union President/CEO Bruce Beaudette said he plans to retire at the end of the year after more than 28 years of service. He is one of the longest serving CEOs in the Albany, N.Y., region, the $419 million, Latham-based cooperative said in a prepared statement. Beaudette led...

  • Small Credit Union CEOs Deliver Big Results

    While the credit union industry pats itself on the back for its high percentage of female leadership, there's still room for improvement.

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