Pamela Jorgensen, a former senior vice president of Minnesota Corporate Federal Credit Union, has been named interim CEO of Hmong American Federal Credit Union, which the NCUA placed into conservatorship on Wednesday.
The agency is still mum on the reasons for the conservatorship of the $2 million credit union in St. Paul, Minn.
It is "fixing identified weaknesses while continuing to provide services business as usual for the members of the credit union,'' NCUA Director of Public and Congressional Affairs Todd Harper said in an email.
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