NeighborWorks, a nonprofit group that provides a bevy of services in southern New Hampshire, can expand its reach thanks to Bellwether Community CU.
Bellwether Community CU's CEO and New Hampshire league chair Michael L'Ecuyer reaches out to community bank counterparts ahead of July 21 date.
The interchange cap, loan demand, compliance burdens and corporate pricing are all figuring in the early discussion of those newly named Federal Reserve panels composed of bank and credit union CEOs.
The initial reviews are in from the meeting this week between credit union CEOs, community bank CEOs and top brass of Federal Reserve banks, and so far the assessment of what was discussed on everything from interchange to Fannie/Freddie status was favorable.
Underscoring a policy aimed at reaching out to small community banks and credit unions, the Federal Reserve Board and its district banks last week began completing a series of high-level CEO appointments to its new advisory panels.
More of the credit union CEOs tapped this month for Federal Reserve advisory panels meeting in the coming weeks spoke out Friday about issues they might raise, with debit interchange and tight mortgage conditions leading the list.
CUES has tapped nine industry experts as advisers to the new Center for Credit Union Board Excellence.