An auto loan portfolio worth $463 million and vehicle lending as a core product for over 50 years were factors that put Mission Federal Credit Union ahead of the pack during the bidding process for Autoland Inc.
Glouberman has served as general counsel since April 2008 and will oversee all legal and enterprise risk management functions.
This preview from next week's print edition takes an in-depth look at Mission FCU's acquisition of the Autoland CUSO.
Luis Peralta has joined Kinecta Alternative Financial Solutions, doing business as Nix Financial, as its new chief operating officer.
Two long-term opponents of payday lending said that nine federal credit unions in five states continue to offer members payday loans with triple-digit interest rates.
Consumer advocates say most credit unions cited in 2010 have abandoned the practice.
Christopher Crockett comes from City National Bank in La Jolla, Calif., where he was senior vice president/regional banking manager.
Aggieland Credit Union, College Station, Texas, raised more than $1,600 over the course of 2012 for the St. Jude Children’s Research Hospital through the credit union’s employee Give Back Days. Give Back Days are a chance for employees to fundraise one day a month by wearing jeans and a maroon...
In just a very few years, credit unions have become persuaded that they need to play in the technology arena. And a related reality is the spreading belief that “technology may allow smaller institutions to very successfully compete against much larger ones,” said Tony Rasmussen, a senior vice president at...