The $7 million Pennsylvania credit union corrects problems with record keeping, internal controls and governance.
Jim Merrill will take over as CEO following Glenn Styer's 23 year run at the $88 million credit union.
The NCUA approved 32 mergers in April, up from the 22 mergers cleared by the federal agency in April 2013.
The $187 million First Financial Federal Credit Union in Wall Township, N.J., hired Jennifer Spector as compliance and risk analyst. She has more than 10 years of banking experience, most recently as branch manager for First Atlantic Federal Credit Union in Eatontown, N.J.
NCUA Chairman Debbie Matz says some credit unions aren't in compliance with interest rate risk regulations.
The $183 million Aspire Federal Credit Union in Clark, N.J., hired Joseph Riccardo as its first chief information officer. Riccardo's hiring follows the credit union's decision to convert to the Corelation KeyStone core processing platform next year, Aspire said. Riccardo has more than 30 years of financial and technology experience,...
Credit unions report examiner strong-arming to sell off long-term investments at a loss.
For Sean Jelen, president/CEO of the $197 million Tobyhanna Federal Credit Union in Scranton, Pa., the status quo simply doesn't exist.
Learn the latest on how credit unions are preparing to comply with the rule, including a recent clarification from the NCUA.
The NCUA approved 32 mergers in April; 21 cited a desire to expand services.