Credit Union Management

There are signs credit unions have begun to organize themselves to meet their and members needs for temporary mortgage finance. Its called warehouse financing.

We agree with David Reiss that credit unions could benefit from increased competition resulting from a privatized mortgage market ("Professor Says CUs Should Back GSEs' Privatization," March 2, page 3) provided, as he states, that "they maintain their access on par with that of larger financial institutions." Otherwise, credit unions...

Expanding its SEG reach, the $780 million Metro Credit Union of Chelsea, Mass. is planning a merger with the $58 million University CU of Boston.

Credit Union of Atlanta has named Sheilah Montgomery its new president/CEO.

Effective April 2011, Martha Wye will be president/CEO of NARFE Premier Federal Credit Union.

Reality Check was the aptly chosen name for the New Jersey Credit Union League’s one and one-half day Atlantic City conference. Over the densely packed schedule of deep-dive presentations on topics of current interest to credit union executives, the several hundred attendees heard over and over two stark realities.