NCUA says onsite WesCorp and other corporate examiners were limited by regs, not influenced by executives.
Read about new hires, promotions, retirements and other career milestones in this issue of People.
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.
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...
Read about new hires, promotions, retirements and other career milestones from the credit union industry.
Many examiners were reluctant to “press changes” on the supervised banks involved in Wall Street’s financial meltdown.
Read how three strong female leaders make the small credit union business model work.
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...
While the credit union industry pats itself on the back for its high percentage of female leadership, there's still room for improvement.
Tony Molina, CFO of the $91M Community Alliance Credit Union in Detroit, will lead the $163M PFCU in New York.