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.
Some homeowners who sought relief as a result of COVID-19 may owe a lump sum when their forbearance period ends, according to a report from the Committee for Better Banks. The group is calling on banks to instead extend the repayment periods for affected customers.
With lawmakers weighing changes to Bank Secrecy Act requirements, the Government Accountability Office urged the Financial Crimes Enforcement Network to establish written policies for expanding use of the agency’s database.
Commercial real estate companies are among those left out of the Federal Reserve’s middle-market relief program, but House members said they need government-backed financing to navigate the pandemic as much as anyone.