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Arrowhead Shrinks Loans 'Way Down,' Says Sharp

By Jim Rubenstein

As part of its cost-cutting over the last year, ailing Arrowhead Central Credit Union has cut its staff by a fifth to 400 and has shrunk its loan portfolio "way down" in three areas-autos, home equity and RVs, said Larry Sharp, president/CEO.

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Top News Stories

Arrowhead Shrinks Loans &#039;Way Down,&#039; Says Sharp

Intuit Retires Digital Insight Name

SE Corp Won&#039;t Ask Members to Pony Up Capital

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NCUA Says FCUs Can Add Floor Rates to Home Equity Loans

CDFI Building Congressional Support

Sharetec Cites 2009 Renewal Record

Colford Joins NCUA as Adviser to Matz

Filene Looking for Board Feedback

Cubans, Retired Bus Drivers, Elderly Latest Ponzi Victims

Addison, First Tech to Merge

Arrowhead Shrinks Loans 'Way Down,' Says Sharp

SE Corp Won't Ask Members to Pony Up Capital