Tennessee corporate to take in Kentucky counterpart, second merger in two years for VolCorp.
Reports of banks closing credit union correspondent relationships have extended to New York and New Jersey.
Taking in West Virginia Corporate in 2012 helped reduce net income $500,000 from 2011.
The $1.3 billion Volunteer Corporate Credit Union elected two new members to its board and re-elected a third during its annual meeting.
The theme of Forum ‘12 is Digital Survival Guide, with a focus on online security, social media, risk/performance and digital transformation.
A temporary Federal Reserve program is quietly providing a cushion to corporate credit unions as they attempt to raise capital from members to meet NCUA regulatory requirements.
Mike Haggard, president/CEO of HealthNet Federal Credit Union, has announced his plans to retire in July. And the credit union’s board of directors has named William A. Whitten to succeed him.
Longtime vice president Bill Whitten will take over at the Memphis-area credit union.
Ask corporate credit union senior executives what keeps them up at night and for many, it’s whether they can grow their business.
Volunteer Corporate Credit Union has announced that its members, at a special Nov. 22 meeting, overwhelmingly approved the proposed merger with West Virginia Corporate FCU.