First New York Federal Credit Union, Colonie, N.Y., welcomed James Alescio as the company’s controller. Alescio is a graduate from Bentley University with an accounting degree. Before joining First New York, he worked at Trinity Alliance of the capital region and brings 15 years of banking experience to the credit...
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The CEO of a federal credit union criticized for making payday loans has strongly defended her institution, arguing the loans help members escape short-term, high-interest debt.
Louisiana FCU charges far less than payday lenders, offering escape not predation, CEO Rhonda Hotard says.
Late summer is a time of transition. Families are wrapping up vacations. Kids are getting ready to go back to school and college. Football practice squads are putting on their gear and hitting the gridiron.