Credit Union Management

William J. Memmer accused of stealing $1.8M and understating assets by $5.7M, causing failure of $15.5M GICFCU.

Starting in April, fines could range from $2K to $1M per day.

SVP of Strategy and Brand Paul Stull from the $1.5 billion Arizona State Credit Union will replace retiring Sylvia Lyon.

According to a release, CEO Don Prue will lead the credit union while President Tim McMurry will focus on membership and active participation.

Colorado-based indirect lending CUSO's member credit unions increased market share last year, while most competitors experienced the opposite.

The monument, which honors soldiers from Fitchburg, Mass., who died in the Civil War, was erected in 1868.