Callahan & Associates President/CEO Sean Hession was selected to lead the Illinois Credit Union League.
The NCUA's proposed risk-based capital rule would hurt a $1 billion credit union's business model.
Callahan & Associates CEO will relocate to Naperville to replace the retiring Dan Plauda.
Despite a new state law in Colorado legalizing recreational use, credit unions still worry marijuana business accounts will run afoul of federal regulations.
While financial institutions wait for guidance from the DOJ, credit union leagues in Colorado and Washington caution against opening accounts for state-legal weed businesses.
Members of $28M Nebraska credit union accessed account funds at NextGen kiosk using driver's licenses or other cards.
Fifteen credit unions now signed up for mobile deposit provided by product created by trio of firms that includes CheckAlt, CUSO CU Wireless and app developer iParse.
Now that the NCUA board has approved a proposal that would require all CUSOs to file financial reports directly with the regulator and the appropriate state supervisory authority, some CEOs of member business lending CUSOs have weighed on what the the changes may mean for their operations.
Net 1,343 branches nationally this year, with Pennsylvania leading the way.
Jeff Post to be succeeded by Bob Trunzo, president of CUNA Mutual Group Insurance & Financial Services.