News

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

Gloria Jean Hall’s fraud and antiquated business practices led to the merger of one of the nation’s oldest FCUs founded by a Black university.

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

Higher charge-offs, stagnant income and dwindling auto lending are major contributors.

Cleveland comes from Sound CU in Washington State, where she served as EVP and COO.

Consent order requires Patelco to establish a new cybersecurity program.