TEXAS CITY, Texas – Amoco FCU here has had a change in the corner office. Shawn Bailey is the new president/CEO of the $350 million credit union. He formerly served as Executive Vice President. Bailey succeeds Pat McDonald who retired June 1 after 28 years with the credit union. She rose from the ranks of loan officer, a position she was hired into in 1976. The CU grew $86 million in assets under her guidance during the last five years. Her immediate future plans include spending time with her family.
The disruption could introduce new risks into the system by compelling banks to loosen lending standards and take on greater risk.
The CDFI awards support to developers, renters and buyers.
Without email authentication standards, hackers don’t need to compromise accounts to send emails that impersonate FIs.
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