CU Times reports on community and people news highlighting executive staff changes and the important community news happening in the credit union industry.
In 2012, Bruce Foulke, the president/CEO of the $1.1 billion American Heritage Federal Credit Union of Philadelphia, ranks among the CU doers, or is, as the World Council of Credit Unions puts it, a special breed when it comes to overseas charity work.
A federal grand jury recently indicted Lee Baker Jr., a prominent real estate developer, for alleged fraud for making false statements to obtain loans from Denali Alaskan Federal Credit Union.
With a $10,000 grand prize presented by MasterCard at stake, three finalists have been named for the second annual CO-OP THINK Prize, created in 2010 to inspire innovative solutions to the issues confronting the credit union industry.
The Prime Performance 2011 California bank and credit union survey has ranked The Golden 1 Credit Union the top financial institution in several categories, including overall customer experience. The survey distinguishes Golden 1 as a top performer in customer service and satisfaction.
As discussion of the impacts of NCUAs recent memo outlining termination dates for various services offered by U.S. Central Bridge grows in the industry, one deadline has generated heated discussionand worrieson the part of some credit union leaders. That is auto settlement, a comparatively obscure wholesale settlement service where U.S....
Debra Schwartz, president/CEO of Mission Federal Credit Union, has been named an at-large director to NAFCUs board of directors. Schwartz replaces outgoing board member Shelley Clarke, who stepped down when she retired as president/CEO of Goldenwest Federal Credit Union in Ogden, Utah.