Holy Rosary Credit Union, Rochester, N.H., announced the promotion of Debbie Smith to senior loan officer. Smith began her career with the credit
HarborOne Credit Union, Brockton, Mass., announced the addition of Barbara Graveline to its residential mortgage team. Graveline is responsible for the
Nassau Educators Federal Credit Union, Westbury, N.Y., announced that Michael Egan concluded his 27-year-long career with the credit union when he
Hanscom Federal Credit Union, Hansom, Mass., announced that Kevin Reagan has been named assistant vice president of mortgage operations.
Wisconsin-based Royal Credit Union has finally completed its purchase of a large chunk of a troubled community bank's assets.
In more ways than one, the purchase by the $1 billion Royal Credit Union of 11 branches of an ailing Wisconsin bank represents an extraordinary and very positive precedent for CUs.
All three federal regulators with a say in the matter have given a green light of Royal Credit Union's purchase of a struggling bank's assets.
Credit unions absolutely can and should make mortgage loans, according to a longtime CU executive, but in order to do so they need to get serious about the product.