Jackie Stewart is the executive editor of American Banker Magazine. Previously, she covered breaking news, community banks and mergers and acquisitions for American Banker before being named as the managing editor of the Credit Union Journal. After graduating from Northwestern University in 2006, Jackie taught for two years in the Bronx, N.Y., through Teach for America.
The St. Joseph, Mich.-based institution faced claims that it didn't properly opt members in to its overdraft program.
Ron Baron had been serving as interim president and CEO for the Delaware-based institution before being given the job permanently.
Groups seeking to open a new institution will submit preliminary information for review by the National Credit Union Administration.
Several credit unions have hired new employees while a financial advisor was recognized for his volunteer efforts.
Credit unions have recently announced personnel changes in a number of areas, including human resources, information systems and operations.
The Jacksonville, Fla.-based credit union is the initial investor in PayverisCU, which will help members with financial wellness and money management.
Loan balances at the end of the second quarter were up by double digits from a year earlier for the Honolulu-based institution.
3Rivers Federal Credit Union in Indiana will pay about $38 million for West End Bank.
Credit unions have announced a number of new hires and promotions in areas such as lending and retail operations.
Those that were prohibited from working at federally insured institutions include a former credit union employee who pleaded guilty to money laundering and embezzlement.