First Financial Federal Credit Union, Wall, N.J., has hired Deborah Downie as director of business development. Downie brings to First Financial over 21 years of experience at various Wall Street firms in corporate lending and institutional investing. Prior to her employment with the credit union, she founded the Two Rivers Women...
From East and West, Midwest and South, credit union people in the news.
Every day, six days a week, a credit union closes and never re-opens. That has been going on for many years. More than 3% of credit unions have annually closed for the past decade. By 2025, the United States will have around 4,500 credit unions.
Do the math. Look to your right. Look to your left. One in three credit unions will vanish by 2025. Find out more in this week's preview from next week's print edition.
Power Financial Credit Union, Pembroke Pines, Fla., announced its sponsorship of the Wings Over Homestead Air Show.