Fred Becker to retire as Dan Berger takes over on July 31.
NAFCU last week announced it had named Martin Breland, president/CEO of Tower Federal Credit Union, as Region II director on the NAFCU board of directors. Breland replaces retiring board member Charlie Thomas, who stepped down after his resignation as a member of the board of Mid-Atlantic Federal Credit Union.
Michael Parsons, president/CEO of the $330 million First Source Federal Credit Union in New Hartford, N.Y., has been elected NAFCU chair.
First Source FCU's president/CEO begins one-year term as chair at end of business meeting on Tuesday.
Three credit union CEOs have been elected to 2012-2015 terms in the NAFCU Board of Directors balloting that closed Tuesday.
First Source FCU wins CUANY Dora Maxwell Social Responsibility Award for its leadership in raising money for the National Cener for Missing and Exploited Children.
While credit insurance and debt protection have been long-time staples for credit unions as part of their loan add-on product suites, some experts noticed that they are becoming more of a priority as the industry continues to seek new noninterest income streams.