Consultant Kirk Kordeleski outlines credit unions' three consolidation options.
Collaboration is the best strategy for creating efficiency, enhancing the member experience and competing in the marketplace.
The $5.7B Long Island credit union promotes its interim CEO to the permanent role after former CEO Kirk Kordeleski resigned in October.
Kirk Kordeleski to leave due to health reasons. Wayne Grosse, COO, immediately named interim CEO.
The 203,000-member, $4.7 billion Bethpage Federal Credit Union, headquartered in Bethpage, N.Y., notified members and the NCUA of the accidental exposure of personal member data last week.
Credit union CEO says now-former staffer thought site was secure.
More than a third of the membership's data said exposed online.
Kirk Kordeleski gives commencement speech at Farmingdale State College.
Bethpage FCU CEO Kirk Kordeleski says new accounts mean new income for his credit union.
The $4.2 billion Long Island credit union pledges not to charge debit, maintenance, minimum balance or foreign ATM fees on new accounts.