When the announcement that Rodney Showmar would be the new president/CEO of Arkansas Federal Credit Union hit the desks of savvy trade press editors, it caught their attention.
The $966 million Arkansas Federal Credit Union in Jacksonville, Ark., said Rodney Showmar, its current vice president and COO, will president/CEO after current President/CEO Larry Biernacki retires on Aug. 4.
Vice President/COO Rodney Showmar will move up to replace the retiring Larry Biernacki.
CEO Larry Biernacki says no fee for members who have had cards for at least three years, and no new fees for at least the next three years.
In a phrase, the $810 million Arkansas Federal Credit Union, the state's largest, has "stuck to its knitting," ending 2010 by meeting a five-year goal to double assets, its CEO reported Friday.
Problems at corporate credit unions aren't driving a mass exodus of members seeking other providers.
Corporate credit unions losses aren't driving a mass exodus of members to seek alternatives.