News

Chief Financial Officer Richard Headrick, the architect of Cal State 9 Credit Union's outsourced HELOC loan program is no longer with the CU, Credit Union Times has learned. Cal State 9 Credit Union President/CEO Jackie Wong confirmed the inquiry late yesterday. Headrick may have left Cal State several weeks ago,...

Chief Financial Officer Richard Headrick, the architect of Cal State 9 Credit Union's outsourced HELOC loan program is no longer with the CU, Credit Union Times has learned. Cal State 9 Credit Union President/CEO Jackie Wong confirmed the inquiry late yesterday. Headrick may have left Cal State several weeks ago,...

Juri Valdov, the longtime president/CEO of Northwest Federal Credit Union, will step down on Dec. 31 to become the senior vice president for external affairs at the $1.5 billion financial institution.

A recent survey which found more consumers switch financial institutions over issues with their fee structures than over security may be another indicator of a CU marketing opportunity.

In a move to improve its global corporate and investment banking unit, Bank of America said yesterday it plans to lay off 3,000 employees.

The $1.1 billion Polish and Slavic Federal Credit Union has repeated last year's donation of $100,000 to Columbia University to endow a chair in Polish Studies. The CU has also made a point of urging Polish American students to strive not only to attend a university, but also to graduate...