Veteran CFO will take permanent CEO position after serving as interim since September.
Richard Simonton, who has served as president/CEO of AOD Federal Credit Union for nine months, told Credit Union Times he is not sure why the cooperative’s board of directors denied his request for a commitment for future employment.
Palmetto Cooperative Services LLC last week announced that Brad Miller will serve as the CUSO’s new president/CEO, effective April 8. He succeeds longtime CEO Ed Culpepper who retired late last year.
Mississippi, Florida credit union executives join board of merged corporate.
Corporate One CEO confirms layoffs though not how many.
Southeast Corp didn’t meet its $75 million goal, but the amount members pledged - $68 million - was good enough for merger partner Corporate One.
Extension to June 29 in bid to raise $75 million ahead of merger with Corporate One.
Thursday was deadline for corporate members to contribute capital in advance of planned merger with Corporate One.
Final step is meeting capitalization goal of $75 million.
Lose a few million dollars on a wire transfer to Toledo, Ohio, and procedures are in place to get it back in may instances. But when that transfer is to Kiev, kiss the money goodbye.