Reflecting on Larry Sharp's credit union legacy.
Stephanie Smith was named the executive director for America's Credit Union Museum in Manchester, N.H., the organization's board of directors announced. She replaced Peggy Powell who retired after 15 years of service. Smith most recently served as director of alumni & development events at St. Paul's School, an international preparatory...
Strong internal controls are just one source of prevention.
Thanks for the Oct. 15 article, “Firms Circle Credit Unions in Growing Core Space.” I agree that among our peer credit unions, core conversion is the main item on the business plan. SAFE Credit Union will begin our search process this year and convert during the two-year period following our...
Anthony Silvi was appointed SVP and chief lending officer for the $592 million Sb1 Federal Credit Union in Philadelphia. Previously, he served as the vice president of financial services at the $656 million Freedom Credit Union in Warminster, Pa. He also worked as SVP of lending at First Penn Bank...
Credit unions say NCUA examiners are pressuring them to keep long-term fixed assets below 35% of total assets, sacrificing income.
Pressured by NCUA examiners and concerned about interest rate risk, credit unions shed mortgages and other fixed rate assets, giving up income.
Despite a new state law in Colorado legalizing recreational use, credit unions still worry marijuana business accounts will run afoul of federal regulations.
While financial institutions wait for guidance from the DOJ, credit union leagues in Colorado and Washington caution against opening accounts for state-legal weed businesses.
SAFE Credit Union spiffs up local high school's student store and on-campus branch.