The $5.6 billion Bethpage Federal Credit Union in Bethpage, N.Y., named Lynda Nicolino to the newly created position of corporate general counsel where her focus will be on government relations. Nicolino was general counsel and secretary of the Long Island Power Authority where she had worked for the past 15...
Read about the latest new hires, promotions, retirements and other career milestones in the credit union industry.
When the nation’s economy spiraled down around 2008, the housing market and employment sector weren’t the only areas that were hammered.
Back-office services provider Xtend in marketing agreement with CUSO Financial to bring investment services to mid-market credit unions.
In January, we learned the Federal Reserve is unlikely to raise interest rates until late 2014. With recent declining net interest margins, regulatory reform eating away at our fee income, the NCUA’s assessments and other earnings pressures on the horizon, improving noninterest income is more important than ever.