Michigan First Credit Union promotes COO to CEO
Jennifer Borowy, Michigan First Credit Union's chief operations officer, will take over as chief executive when Michael Poulos, the longtime CEO, retires in October.
Source: americanbanker.com
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GreenState Credit Union in Iowa cuts 5% of workforce over rising rates
The $10.7 billion-asset credit union said 42 employees were terminated, primarily in commercial banking and mortgage lending-related positions, after the refi business "dried up."
Source: americanbanker.com
A seasonal twist on a credit union classic
Verve, a credit union, has offered its pumpkin spice loan since 2014 as part of a full menu of themed products.
Source: americanbanker.com
Longtime CEO of SCU Federal Credit Union in Massachusetts to retire
SCU Federal Credit Union in Brockton, Massachusetts, named Glenn Parsons its new president and CEO. He succeeds James Carlson, who is stepping down after 22 years in the position.
Source: americanbanker.com
Hope Credit Union to invest $1 billion to help people in the South
The $536 million-asset credit union said the investment will "improve lives and close the racial and gender opportunity gaps," in Alabama, Arkansas, Louisiana, Mississippi and Tennessee.
Source: americanbanker.com