A commitment to member service starts with hiring and promoting the right people. See how these credit unions are doing just that.
Stephanie Rasmussen, WESTconsin CU
WESTconsin Credit Union, Menomonie, Wis., named Stephanie Rasmussen as chief experience officer.
Amanda Reed, SAFE FCU
SAFE Federal Credit Union, Sumter, S.C., promoted Amanda Reed to manager of the Lewis Road branch in Sumter.
Tammy Avins, SAFE FCU
SAFE Federal Credit Union, Sumter, S.C., promoted Tammy Avins to manager of the Wesmark branch in Sumter.
Tyler Pike, SAFE FCU
SAFE Federal Credit Union, Sumter, S.C., promoted Tyler Pike to manager of the Lugoff branch in Lugoff, S.C.
Kathryn A. Dame, Jeanne D’Arc CU
Jeanne D’Arc Credit Union, Lowell, Mass., said Kathryn A. Dame, vice president-branch administration, has been named president of the Cooperative Credit Union Association-Tri-Country North Chapter.
Danny M. Nesmith, Westerly Community CU
Westerly Community Credit Union, Westerly, R.I., elected Danny M. Nesmith as chairperson of the board of directors.
Margaret Iao, Naveo CU
Margaret Iao (center), senior accountant at Naveo Credit Union, Somerville, Mass., was named a 2018 Credit Union Rising Star by The Warren Group and the Cooperative Credit Union Association. At left: Kevin George, vice president of finance, Naveo CU; at right: Paul Gentile, CCUA president and CEO.
Beverly Hicks, Southeast Financial CU
Southeast Financial Credit Union, Franklin, Tenn., elected Beverly Hicks to its board of directors.
Chung Bothwell, UNCLE CU
UNCLE Credit Union, Livermore, Calif., re-elected Chung Bothwell to an eleventh term as board chairman.
Kevin D. Johnson, CUNA Mutual Group
CUNA Mutual Group appointed Kevin D. Johnson to its board of directors.
The Federal Reserve will continue its ban on share repurchases for banks with more than $100 billion of assets into the fourth quarter and will cap dividend payments using a formula based on recent income.
Harit Talwar, who is moving from CEO of the digital banking unit to chairman of consumer banking, says Marcus wants to add checking and investment products, embed its offerings in additional high-profile platforms, and grow far beyond its current 5 million customers.