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Public Service CU Names Hoel to Board, Overseeing Norlarco

In a follow-up to its plan to take over the failed $230 million Norlarco Credit Union of Fort Collins, Public Service Credit Union of Denver said last week it has selected high-profile industry figure Bob Hoel, formerly of the Filene Research Institute, to serve on the PSCU board and revamp...

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DENVER — In a follow-up to its plan to take over the failed $230 million Norlarco Credit Union of Fort Collins, Public Service Credit Union of Denver said last week it has selected high-profile industry figure Bob Hoel, formerly of the Filene Research Institute, to serve on the PSCU board and revamp operations.

The appointment of the retired executive director of the Madison-based think tank is subject to final approval from NCUA on the PSCU acquisition, a formality expected to take place at the end of February.

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