Credit Union Management

Brian Socha accesses co-workers' computers at MassMutual FCU to inflate his own HELOC to nearly $1 million.

Plus, Palmetto Citizens FCU announces three leadership appointments and the CUSO QuantyPhi hires an analyst.

The job cuts will come from the credit union's wealth management division, which transitioned to LPL Financial last May.

Chartway CU promotes five to EVP, SVP and VP roles, while Addition Financial elevates three in the legal, IT and administrative areas.

Tenured employees at Hughes FCU, FAIRWINDS CU and TVCU advance to new leadership roles.

Successful servicing transfers are defined by preparation, timely and actionable communication, and careful monitoring.