Rhode Island community bank was credit union until 2009 conversion to mutual charter, now seeking further charter change.
Hennessey heads west from People's Credit Union in Rhode Island.
Two credit unions had the lowest rates in the country.
New position goes to 22-year agency veteran Matthew Biliouris.
"We compensate board members more out of a sense of fairness than anything else,” explained Lin Hodges, president/CEO of Associated Credit Union of Norcross, Ga.
Part two of this analysis of credit union board compensation by Credit Union Times. From our July 10 print edition.
During his June 27 confirmation hearing, NCUA Board nominee Richard Metsger dodged what might have been his most controversial question. Is raising the member business lending cap a good idea?
The reaction among the roomful of credit union board members was shock and awe. Explanations for board pay vary as do questions raised.
Part one of this analysis of credit union board compensation by Credit Union Times. From our July 3 print edition.
WASHINGTON — NCUA Board nominee speaks on first credit union loan, financial crisis lessons.