Less than six weeks after it was declared insolvent and ordered by state regulators to suspend its operations, the loans, deposits and other assets of the $14 million Bensenville Community Credit Union in Illinois were purchased by the $756 million Credit Union 1 in Rantoul, Ill.
ASI liquidates the $14M Illinois institution after declaring it insolvent.
The $26M Generations in Olympia, Wash., hires Bill Paulen to head the cooperative.
State regulator orders Glendale credit union to replace manager, implement process improvements, controls.
Service One Credit Union announced the retirement of its longtime President/CEO Valerie C. Brown after 34 years of service.
Brown leaving after 34 years at helm of Bowling Green, Ky., institution.
Robinson has been league's lobbyist for past six years.
A veteran manager of enterprise software companies has been named the new president/CEO of online banking pioneer Online Resources Corp.