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On the way to the C Suite
Promotions, new hires, awards and more credit union professionals in the news.
Matt Burke/Rowland Publishing
First Commerce Credit Union, Tallahassee, Fla,. promoted John Medina to senior vice president-chief experience officer.
Service Credit Union, Portsmouth, N.H., promoted Dan Clarke to chief operating officer.
Service Credit Union, Portsmouth, N.H., promoted Fawn Terwilliger to chief lending officer.
Suffolk Federal Credit Union, Medford, N.Y., promoted Keith Miller to chief lending officer.
Tyler Kuhn, community relations officer at Dover Federal Credit Union, Dover, Del., was among the young professionals recognized by CUNA for Crash the GAC.
Shazia Manus, CEO of TMG, was named a finalist for the Inspiring Women of Iowa event’s Confidence Award.
Jane Dobbs (right), president and CEO of Canyon State Credit Union, Phoenix, received the 2017 SWAE Leadership Award from The Southwest Alliance for Excellence.
Acting Director Komyathy
JeanMarie Komyathy, deputy director of the National Credit Union Administration’s Office of Small Credit Union Initiatives, was honored as a Hero of the Year by the Combined Federal Campaign of the National Capital Area.
First Horizon, TCF and Webster are among the banks eyeing efficiency initiatives that could include more branch closings, layoffs and reduction of office space. Expect others to follow suit as low rates and tepid loan demand tied to the pandemic pressure revenue.
The Federal Deposit Insurance Corp.’s latest report on the industry’s health had positive news about the earnings recovery last quarter, but it also showed that low interest rates amid continuing economic uncertainty are putting downward pressure on asset yields.