The $380 million People's Credit Union in Middletown, R.I., promoted Cheryl Costa to branch manager at its Portsmouth location. Costa joined the credit union in March 2013 as assistant branch manager in Newport after working in several positions with Bank of America.
Encouraging member participation at annual meetings has become increasingly important in recent years with competition growing in the financial services marketplace, but tighter budgets have cooperatives scrambling to find affordable new ways to increase attendance.
Read about this new CEO in Texas and other new hires, promotions and career milestones in the credit union community.
This year's long winter has paid off in real savings for credit unions that invested in energy efficient buildings.
Read about new hires, promotions and other career milestones in this week's People column.
EVP taking over Kentucky-based $1.1 billion credit union after CEO of 23 years retires.
Cloud-based platform stores, manages contracts, increases due diligence.
VendorCamp's cloud-based vendor relationship management platform designed to store and manage vendor contracts, increase due diligence and help financial institutions share experiences with others.
A bill passed Oct. 5 by the House of Representatives that would grant back pay to furloughed federal employees in the government shutdown stalled in the Senate. As of Oct. 10, the Democratic-controlled Senate had yet to vote on the bill, which passed 407-0 in the Republican-controlled House.
Service CU says more than 1,400 DOD civilian employee members have been credited with direct deposits. Justice FCU lends nearly $8 million.