Last week Credit Union Times, via CUTimes.com, broke the story that former Oregon Senator Rick Metsger was going to the be the White House’s nominee to fill the vacant seat on the NCUA Board, later confirmed by the administration.
If recent history is any indicator, nomination to the NCUA Board is no assurance of joining the NCUA Board, at least not quickly.
After 38 years of service, BluCurrent Credit Union President/CEO Steve Pierson will retire, effective June 30. Pierson is only the second president in the credit union’s 84-year history. BluCurrent board of directors also announced that BluCurrent Executive Vice President Craig Tabor will become president/CEO upon Pierson’s retirement.
MCUA veteran had been serving as interim leader since Mike Beall's departure in November.
It’s been nearly two months since Paul Sheahan was hired to oversee the business lending department at Anheuser-Busch Employees’ Credit Union and its division, American Eagle Credit Union.
Rep. William Lacy Clay (D-Mo.) is a co-sponsor of H.R. 1418, the Small Business Lending Enhancement Act, and H.R. 3993, which would allow credit unions access to supplemental capital.
Beall had been with MCUA for two years, now making return to D.C. as president/CEO of the National Cooperative Business Association.
Rep. William Lacy Clay (D-Mo.) is a co-sponsor of member business lending and supplemental capital bills favored by the credit union lobby.
Three credit unions, state association join forces to build home for severely injured Marine as Fourth of July arrives.
Some credit unions, in deciding not to reinvest in their corporates, have also decided to move one of the core functions that led to the creation of corporates in the first place–item processing.