With a vested stake in nearly a dozen CUSOs, Workers' Credit Union has tried, tested and proven theories on why it makes operational sense to extend its reach in several directions.
As members contemplate the moves they need to make with their investment plans in light of layoffs and market fluctuations, are those credit unions that have yet to enter that realm really losing out?
Workers' Credit Union, Fitchburg, Mass., elected Eric D. Shapiro, Patrick L. Muldoon, Raymond J. Martino and Melissa Maranda as new members to its board of directors.
CUNA Senior Economist Steve Rick said in a recent News Now article that credit union delinquencies haven't been this high since President Reagan was in office.
Tobyhanna Army Depot Federal Credit Union, Scranton, Pa., announced the promotions of two employees.
CUNA has set up groups to help the trade association formulate its positions on two issues that are affecting many credit unions: the proposed NCUA rule on field of membership and the agency's policies on mergers.