Vincas Urbaitis, a former board director of the now-shuttered Taupa Lithuanian Credit Union, said he has been doing a lot of thinking lately about how he and six board members were double-crossed by Alex R. Spirikaitis, their former CEO.
This preview from our Aug. 14 print edition looks at how board members of the failed credit union say they were misled by fugitive CEO.
ESL Federal Credit Union, Rochester, N.Y. announced the addition of John Cirella as business banking relationship manager. In his new position, Cirella will be responsible for identifying, developing and managing business banking relationships in the Greater Rochester area.
Governance risk, IT exams, economic forecasting all on agenda for Buckeye State session.
Ohio has a former community bank CEO, Carolyn Bradford, as its new credit union regulator.
Ohio Governor Ted Strickland has named a former banker to be that state's next CU regulator.