Monday, March 30, 2015
CU Trades Hail Dodd-Frank Review Legislation
WASHINGTON — Credit union trade groups are applauding new legislation that would require banking agencies to review Dodd-Frank Act rules as part of a mandated process to assess the relevance of financial rules.
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A long-awaited bill to enhance cybersecurity information sharing has taken a major step forward. more »
WATERLOO, Iowa — Monte Berg, SVP of finance at Veridian CU here is set to become the next CEO at the credit union. more »
ALEXANDRIA, Va. — NCUA is warning consumers about a new scam that mimics the agency's telephone number. more »
SUNRISE, Fla. — BrightStar Credit Union has named Michael Tomko as its president and CEO, replacing board member Dr. Colin Battle, who was serving as the interim CEO, and now returns to the board. more »
SEATAC, Wash. and TALLAHASSEE, Fla. — A new state credit union league partnership could provide better HR solutions for CUs everywhere, and it's all because one league staffer wanted to relocate. more »
ALEXANDRIA, Va. — NCUA announced that Edward Dorris has been named chief information officer, effective immediately. more »
SOMERSET, Mass. — Somerset Federal Credit Union has named Pamela Mello to the position of president and CEO of the $138-million institution. more »
DUBLIN, Ireland — Proving that "merger mania" isn't just a phenomenon at U.S. credit unions, over 25% of Irish CUs are engaged in some form of merger discussions. more »
ROSEBURG, Ore. — Cascade Community Credit Union has named Robert "Bob" Dempsey as its new chief executive officer. more »
DES MOINES—The Ohio and California/Nevada CU Leagues have purchased minority equity stakes in PolicyWorks, a compliance consulting firm owned by the Iowa CU League. more »
RANCHO CUCAMONGA, Calif. — The CO-OP THINK Prize is getting a makeover this year. more »
AUSTIN, Texas — Two-thirds of adults in the U.S. report they would rather use a credit union or community bank instead of a big national bank. more »
ALEXANDRIA, Va. — NCUA is concerned consumers may fall victim to a new phishing scam that mimics the regulator's name and website. more »
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Exit Interview
After 42 years at the credit union, outgoing Michigan State University FCU CEO Pat McPharlin recently looked back -- and forward -- in this brief interview one day before his retirement.
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