Rodney Hood, chairman of the National Credit Union Administration, visited American Eagle Financial Credit Union's headquarters in East Hartford, Conn.
Pictured left to right: Mary Ellen O’Neil, financial institutions division director for the Connecticut Department of Banking; Jorge Perez, commissioner for the Connecticut Department of Banking; Hood; Dean Marchessault, president and CEO of American Eagle FCU; and Teresa Knox, chief operations office at American Eagle.
Chris Thorpe, Elevations CU
Chris Thorpe was hired as a financial advisor at Elevations Wealth Management, which is part of Elevations Credit Union in Boulder, Colo.
Melissa Gattenby, Credit Union of America
Credit Unio of America in Wichita, Kan., promoted Melissa Gattenby to assistant vice president of support services.
Barka Atsemet, Elevations CU
Elevations Credit Union in Boulder, Colo., promoted Barka Atsemet to mortgage loan officer
William Miller, Hoosier Hills Credit Union
William “Bill” Miller is retiring from the board of directors at Hoosier Hills Credit Union in Bedford, Ind.
Cody Blasi, Credit Union of America
Credit Union of America in Wichita, Kan., promoted Cody Blasi to operations automations manager.
Juan Evans, Elevations CU
Juan Evans was hired by Elevations Credit Union in Boulder, Colo., as a business banking relationship manager.
Tonya Loper, Credit Union of America
Credit Union of America in Wichita, Kan., promoted Tonya Loper to assistant vice president of branch operations. She will also serve as branch manager for the institution's main office in Wichita.
Community banks that were pushed past key asset limits by the Paycheck Protection Program say they will be unable to shrink their balance sheets back to normal size by the 2022 deadline, especially if there is a new round of rescue aid.
The plan still lacks concrete details about standards banks must meet to earn high ratings, but the agency said the new methodology would end grade inflation and could penalize banks that underperform.