FAIRFIELD, Conn. – Wicks Business Information CEO Doug Manoni said readers and advertisers should expect the same high-quality publication they've become accustomed to. "Credit Union Times has an unmatched reputation that has been built up over the years on the principle of good journalism. Those journalism standards will continue under Wicks," said WBI CEO Doug Manoni. "The professionalism of the staff and their knowledge of the credit union industry is impressive throughout the organization. We plan to leverage Credit Union Times' market dominance and launch several new products that will make the Credit Union Times' franchise even more powerful and resourceful." Wicks has the resources to do that. It is affiliated with a prominent private equity firm, The Wicks Group of Companies, which has over $500 million in assets under management. Wicks is known in publishing media circles for investing in its publications and broadening their product lines. Manoni said one of the many factors that made Credit Union Times such a valuable acquisition was the expanding scope of credit unions in the country's financial marketplace. "Even not being in the industry until now, we've noticed credit unions are gaining on all the other financial institutions. We believe credit unions deserve a publication that can grow with their needs as they get into more complex areas. That's what we intend to do," said Manoni. He noted that Wicks often looks for businesses that operate in markets with heavy compliance and regulatory compliance requirements. "We look to be the resource that can provide solutions to professionals in regulated sectors of the financial and corporate markets," said Manoni. Manoni also announced that editor Paul Gentile will take on an expanded role with the publication as editor-in-chief, while Welch will serve as a WBI consultant to Credit Union Times during the transition, making available his years of knowledge and experience of the industry. [email protected]
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