The NCUA terminated its published Letter of Understanding and Agreement, dated June 11, 2013, with the $7 million Valley Pride Federal Credit Union of Plains, Pa.
APWG finds attacks bumping against previous highs.
Glen Yeager grew his Pennsylvania credit union from $80M to $1.1B, pioneering a low-cost, virtual business model.
The $88 million Inspire Federal Credit Union in Bristol, Pa., has hired Jim Merrill as its new CEO to succeed the retiring Glenn Styer, the credit union announced June 30.
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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 $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.
The NCUA approved 32 mergers in April, up from the 22 mergers cleared by the federal agency in April 2013.
NCUA Chairman Debbie Matz says some credit unions aren't in compliance with interest rate risk regulations.