News

President Obama is scheduled to sign the financial regulatory overhaul bill tomorrow and among credit union advocates and other groups there is much wondering about who will be the first head of the Consumer Financial Protection Bureau.

In what has become a relatively rare move, a Washington area credit union has sold its credit card portfolio to an agent-issuing bank.

Mississippi's largest credit union, the $1.8 billion Keesler FCU, has named John Goff as its new president/CEO succeeding Scotty Broome, who has retired.

As word came in that Credit Union of Atlanta President/CEO DeFarra Gaymon had been killed, staff remained shocked and overwhelmed with phone calls this morning.

Robert H. Harvey Jr., president/CEO of the $544 million Seattle Metropolitan Credit Union and the former chairman of WesCorp, is retiring next April.

The Essex County Prosecutor's Office in New Jersey is expecting to learn more details today when it interviews an undercover sheriff's detective that shot and killed Credit Union of Atlanta President/CEO DeFarra Gaymon July 16.