Read this week's career announcements from the credit union industry.
MnCUN subsidiary's purchase expands footprint into North Dakota and complements a nationwide expansion effort that began several years ago.
On Sept. 1, MnIPC, a wholly-owned subsidiary of the Minnesota Credit Union Network, completed its purchase of ProDraft Services LLC, a Bismarck, N.D.-based CUSO that provides correspondent and EFT processing solutions.
Securian Financial Group said it has promoted three staffers from manager to director-level positions.
Roger McClure leaving on April 28 after 36 years of leadership at Twin Cities credit union.
For some credit unions, the recipe for high auto loan volumes is a mix of strong relationships with dealers, fast response times and a dedicated staff.
A March 11 trial date has been set for Gezim Selgjekaj of Avon Lake, Ohio, who pleaded not guilty to a 28-count indictment on Jan. 17 that accused him of illegally receiving more than $11 million in the $70 million St. Paul Croatian Federal Credit Union fraud case.
While credit insurance and debt protection have been long-time staples for credit unions as part of their loan add-on product suites, some experts noticed that they are becoming more of a priority as the industry continues to seek new noninterest income streams.
Credit unions on Fynanz Inc.’s student loan platform now have access to PerFORMer loan form services from Securian Financial Group.
Credit unions hope the growing consumer anthem of “We’re not gonna take it,” over the latest debit card bank fees, has those consumers primed to make a switch.