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Credit union leaders hope this move won’t give payday lenders “free rein to exploit” consumers.

She succeeds Michael Kaczenski, who will continue to serve as an executive advisor.

If enacted, House Bill 187 would make it easier for CUs to expand into North Carolina’s economically distressed counties.

The next move is to the House for a vote on a companion bill, which is expected to pass.

Judges say automated alerts alone don’t prove liability; the ruling bolsters operational protocols across the financial sector.

Strong leadership and operational improvements are credited for reviving the Texas-based credit union after 26 months under federal oversight.