Five years ago today, the NCUA seized three corporates and took its final steps to resolve the corporate crisis.
This week's people news includes a CEO retirement and the election of Altura CU's first female board chair.
First announced in July 2014, the merger will become effective Feb. 28.
Thanks to the policies of the Federal Reserve, quantitative easing and both long- and short-term interest rate projections, Nick Perna is optimistic, although not enthusiastic, about U.S. economic growth over the next decade.
Alloya economist also says another period of low interest rates is possible.
For the third consecutive quarter, credit union CEOs continued to express confidence about a number of different areas.
Positive outlook mirrors consumer confidence but CEOs at smaller credit unions may not be as optimistic.
If approved by members and the NCUA, the deal will create the industry's largest corporate by member count.
The $1.1 billion Jeanne D’Arc Credit Union in Lowell, Mass, hired Matthew Bernard as assistant vice president for network operations. He has more than 15 years of experience in the technology industry and was awarded two Purple Stars for wounds he received in combat while serving as an infantryman in...
Read about new hires, promotions, retirement announcement and other career milestones from the credit union industry.