Credit Union Management

WOCCU’s leader has some hope there’s a chance to rehire employees.

VyStar posts a $100 million loss — the largest three-month loss — followed by an $81 million loss by Connexus.

Eighteen positions were eliminated in January. Although the credit union laid off 16 employees in November, 14 were retained with other job offers.

Now is the time to speak out, engage policymakers and defend the role of credit unions in the global financial system.

VP of Consumer Lending Shane Reagan believes “fostering partnerships and alignment across many teams” is key to the CU’s success.

For CUs, ensuring an efficient and reliable cash supply is critical to maintaining trust and meeting member needs.