Gene Sperling, who was the Treasury Department's point person during negations on the proposal for raising the cap on member business loans, was named by President Obama today to be director of the National Economic Council (NEC).
Assistant Treasury Secretary Michael Barr, who oversees the department's work on credit unions, banks and other financial institutions, plans to leave office by the end of the year to return to academia.
HarborOne Credit Union, Brockton, Mass., announced the appointment of Terry Sobolewski to branch officer of the Mansfield office.
Samira Rajan, CEO of the Brooklyn Cooperative Federal Credit Union a community development credit union serving Brooklyn's Bushwick and Bedford-Stuyvesant neighborhoods, was recently named one of Crain's New York Business Magazine's "40 Under 40."
Christopher Colford, who has extensive experience as a communications professional in government, business and journalism, is NCUA Chairman Debbie Matz's new special adviser for communication.