WARRENVILLE, Ill. — Members United Corporate has hired California-based former CUNA brokerage representative Jay Petty to fill the $13.8 billion corporate's new senior business consultant position. Prior to his stint with CUNA, Petty was president/CEO of $12 billion Pentagon Federal Credit Union's financial services subsidiary.
Petty's responsibilities include new business opportunities in California and service for new and existing member credit unions. Members United currently has 2,300 members nationwide.
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Largest Idaho CU Goes With PSCU
ST PETERSBURG, Fla. — The $660 million Idaho Central Credit Union has moved its ATM, debit and credit card programs to PSCU Financial Services, the CUSO has reported.
The credit union, headquartered in Chubbuck, Idaho, has 21 ATMs, a debit card program with 40,000 cards and a credit card program with 11,500 card accounts.
"We decided to move our debit and credit programs to PSCU Financial Services because its comprehensive product suite delivers features like fraud management, rewards and prepaids/reloadables that enhance service to our members, along with marketing support and portfolio analysis tools for our staff," said Shannon Marshburn, vice president of operations for Idaho Central Credit Union.
Idaho Central Credit Union is the largest credit union in the state, with $660 million in assets and 71,000 members statewide. The credit union will convert its debit/ATM services first, followed by its credit platform.
Southwest Corporate Books
Thredgold for Economic Forum
PLANO, Texas — Economic consultant and self-billed "entertaining economist" Jeff Thredgold should have plenty of material to work with when he headlines an afternoon session at Southwest Corporate's economic forum on October 28. Thredgold will speak on the future of the American economy after the 2008 presidential election.
"Regardless of whether Obama or McCain emerges the victor, what the new president wants to do and what he can do are two different things," Thredgold said. "Policy changes will be limited by a large national budget deficit, likely to exceed $400 billion this year. There is just no wiggle room for aggressive spending on new programs."
His career includes 23 years with $92 billion banking giant KeyCorp, where he served as senior vice president and chief economist. He is also a former member of both the economic advisory committee of the American Bankers Association and the economic policy committee of the U.S. Chamber of Commerce.
Southwest Corporate's 31st economic forum will occur days before Americans head to the polls to elect a new president. Forum attendees will receive a free copy of Thredgold's new book, EconAmerica. Forum registration and hotel information will be announced in July.
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