Jeff Schwalen, retiring president/CEO of Hiway FCU, receives Minnesota Credit Union Foundation Credit Union Builder Award
White has been the Minnesota credit union’s manager of systems and infrastructure for the past six years.
Pat Brekken of Richfield-Bloomington CU will continue as foundation chair.
BOSTON — The Consumer Financial Protection Bureau’s qualified mortgage rule that limits closing costs to 3% of the loan balance will have such a big impact on Midwestern credit unions, one Minnesota-based executive said he’d lose money if he complied.
Veteran CIO succeeds retiring Jeff Schwalen at $918 million Minnesota institution.
HarborOne Credit Union, Brockton, Mass., announced the addition of Barbara Graveline to its residential mortgage team. Graveline is responsible for the