Advantis Credit Union chief among CEOs preparing for September meeting of Fed's community banking panel for western states.
The Federal Reserve remains eager for information from credit unions and community banks on the future framework of the payments system as corporates merge and reorganize, according to Advantis CU CEO Ron Barrick
Utah First FCU's Darin Moody says impact of losing corporate needs to be considered at meeting with bankers and San Francisco Fed next week.
Researchers find some increased cost efficiencies, lower loan rates and higher deposit rates.
Oregon CEO to help lead San Francisco-based Community Depository Institutions Advisory Council.
A former credit union executive turned banker says she welcomes CU reps on a Fed panel she heads, but opposes CU tax exemption.
With the exception of an impromptu clash over the credit union tax exemption, the Federal Reserve Bank information seminars that joined credit union and community bank CEOs finished the month with a wary but shared camaraderie.
Underscoring a policy aimed at reaching out to small community banks and credit unions, the Federal Reserve Board and its district banks last week began completing a series of high-level CEO appointments to its new advisory panels.
The Federal Reserve comment period on interchange fees may be ending next Tuesday, but Ron Barrick, the Oregon credit union CEO named to a newly chartered panel of the Federal Reserve Bank of San Francisco, intends to keep the issue alive.