Lori Herrick

President and CEO

Lori Herrick is the president and CEO of Manchester Municipal Federal Credit Union in Connecticut and the vice chair of the CUNA small credit union committee.

Student loans

Student lending isn't just for large credit unions

With just $22 million in assets, Manchester Municipal Federal Credit Union has millions in student loans on its books and never recorded a charge-off.

By Lori Herrick

April 22

TRENDING

Consumer lending

After loss at Supreme Court, payday lenders vow to keep fighting CFPB

The payday loan industry is looking to extend its years-long legal fight with the Consumer Financial Protection Bureau. It's planning to ask a federal appeals court to revisit a ruling that upheld a proposed limit on how often payday lenders can try to pull money from their customers' accounts.

By Polo Rocha

May 17
Industry News

Another top NYCB executive hits the road as overhaul continues

New York Community Bancorp hasn't said who will replace Chief Operating Officer Julie Signorille-Browne, who is resigning amid a management shake-up.

By Catherine Leffert

May 17
Ginnie Mae

Calls for Ginnie Mae modernization mount after FSOC report

A recommendation to give Ginnie Mae expanded authorities is drawing focus in the reactions to a Financial Stability Oversight Council report on nonbank risks.

By Bonnie Sinnock

May 17