The $776 million St. Mary’s Bank of Manchester, N.H. appointed Pamela Ordway vice president, loan operations manager. Ordway will be responsible for the direct workflow of residential and consumer loan operations, including processing, underwriting, closing, post-closing, and the secondary market portfolio. She served as vice president, processing and underwriting, at...
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A long-awaited overdraft report, released June 11, featured some unflattering statistics related to credit union overdraft income.
According to the report, while bank and thrift service charges on deposit accounts have declined since 2008, credit union fee income has increased by 15%.
The founder and chairman of overdraft program provider Strunk & Associates, Bill Strunk, has passed away.
Founder and chairman of Strunk & Associates, Bill Strunk, passed away on June 10 after battling leukemia.
One thing certain about the Regulation E overdraft requirements passed last November is that they go into effect for new accounts July 1 and existing accounts Aug. 15.