Credit Union Management

He succeeds Lauri Cappelli, who retired in May after nearly 30 years of service in the credit union movement.

Chief Financial Officer Michael Boden is serving as interim CEO.

With 80% of CDs up for renewal this year, there is a sizable opportunity for CUs to address their deposit challenges.

The credit union also agrees to change policies and procedures for handling members’ claims of unauthorized transactions.

Known as a builder of high-performing teams, Evelyn Prime-MacAdam wants to help the $17B CU become “America’s most admired.”

New Mexico credit union cites pandemic fallout for its $20.5 million second quarter loss and declines in loans and assets.