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Credit unions are hiring and promoting personnel who play vital roles in their organizations.
Ileana Izquierdo, JetStream FCU
JetStream Federal Credit Union, Miami Lakes, Fla., named Ileana Izquierdo as assistant vice-president of lending.
SouaYee Vang, Hiway FCU
Hiway Federal Credit Union, Saint Paul, Minn., has named SouaYee Vang as controller.
Diane Brown, United Heritage CU
United Heritage Credit Union, Austin, Texas, promoted Diane Brown to assistant vice president of information services/core services.
Penny Overton, New England FCU
New England Federal Credit Union, Williston, Vt., named Penny Overton as business lender.
Faith Pfeiffer, Royal CU
Royal Credit Union, Eau Claire, Wis., has named Faith Pfeiffer as branch manager of its office in Stillwater, Minn.
Jim Jensen, Railway CU
Jim Jensen (right), board member of Railway Credit Union, Mandan, N.D. was named the Volunteer of the Year by the Credit Union Association of the Dakotas. At left is CUAD president/CEO Jeff Olson.
Kayla Hardy, Capital CU
Kayla Hardy, senior human resource specialist at Capital Credit Union, Bismarck, N.D., was named the Emerging Leader of the Year by the Credit Union Association of the Dakotas, At right is CUAD president/CEO Jeff Olson.
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.