Valley Federal Credit Union of Billings, Mont., has announced the selection of Michael Silvers as the credit union's next president/CEO, effective Jan. 23.
In this Print Preview from next week's edition, industry experts look behind the recent rejection of proposed mergers in Louisiana and Montana.
The chairman of the $63 million Montana First Credit Union, whose members three weeks ago shot down a merger bid from an out-of-state suitor, said Friday that his credit union plans to try again.
In a rare case of reversals, two proposed credit union mergers–one an interstate pact in the Northwest and the other involving Louisiana CUs–were called off last week as a result of member opposition.
Pocatello credit unions to combine on Feb. 1 following successful member meeting on Wednesday.
In addition, culture differences among employee groups must be carefully considered to avoid missteps, according to a key participant and an industry consultant.
Montana First CU won't become part of Horizon CU of Spokane Valley, Wash., members decide.
Montana Credit Unions for Community Development in a bid to provide members access to certified financial counselors and financial coaches.
Challenge possible at Thursday vote for merger between Spokane Valley and Missoula credit unions.
North Dakota CUSO executive says it has "around 50" customers, expecting more soon.