Lawyer trust account parity bill would enable credit unions to compete, expand services.
From being able to compete with banks to assuring business members that their funds are insured, there could be several long-term benefits for credit unions if a bill involving insurance coverage becomes law.
Despite receiving a Herb Wegner Lifetime Achievement Award for a career at one of the country’s largest credit unions, Gary Oakland said he most vividly remembers working with small credit unions and supporting the financial education program BizKid$.
Retired BECU president/CEO joins three others to be feted at NCUF dinner at GAC in February.
At CU Strategic Planning, she will oversee daily operations, implement new products and pursue new prospects.
Financial literacy show from credit unions wins for camera editing this time around.
Hirings, retirements, promotions
The Northwest Credit Union Association made it official last week. Its veteran CEO John Annaloro is retiring Oct. 2. He will be succeeded by Troy Stang, the president of the trade group that resulted from the merger of the Oregon and Washington leagues in 2011 and includes members from Alaska.
Troy Stang will assume CEO title after Annaloro retirement from Northwest Credit Union Association.
Three Northwest states–Washington, Oregon and Montana–have become the nation’s epicenter of merging activity among credit unions, with supporters claiming the trend underscores a higher level of member service.