Securian Financial Group President Christopher Hilger will become CEO on Jan. 1 upon the retirement of current Chairman/CEO Robert Senkler, the St. Paul, Minn.-based provider of insurance services to financial institutions said Friday.
Because Choice Escrow declined bank security tools, it is responsible for a $440K fraudulent wire loss.
The NCUA approved 32 mergers in April; 21 cited a desire to expand services.
Rep. Erik Paulsen (R) wrote NCUA Chairman Debbie Matz criticizing the proposed rule.
Christopher Hilger to add CEO to president's title as Robert Senkler stays on as board chairman.
Four credit unions have announced core processing conversion completions or commitments in recent days.
Of the nine prohibition orders issued last month by the NCUA, three were former employees of the $65 million Valley Credit Union in Tuscumbia, Ala.
Episys, Sharetec each pick up two, while Fiserv loses three and CU*Answers one.
Three of the nine are individuals are from the same credit union.
North Dakota, New Jersey and New Hampshire make this list.