When Kyle Markland was hired at Affinity Plus Federal Credit Union at the age of 33, he admits that the board took a chance on bringing in someone so young to lead what was then a $357 million cooperative.
That was in 1997, one year before the passage of the Credit Union Membership Access Act opened up a plethora of opportunities for expansion. Those heady days laid the groundwork for new charters, new fields of membership and innovation, and the industry reaped the benefits.
Fast forward to 2011, two years after the country reeled from a lingering recession coupled with the credit union industry feeling the aftermath of the Durbin Amendment and a slow-to-recover housing market.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
