Across the country, credit unions are adding new faces to their staff and industry boards of directors. Here's a look at some of the most recent announcements.
Richard Stipa, TruMark Financial CU
Richard Stipa, CEO of TruMark Financial CU in Fort Washington, Pa., was named chairman of the board of directors for the Pennsylvania Credit Union Association.
Amy Sgrignoli, Belco Community CU
Amy Sgrignoli, CEO of Belco Community CU, was named vice chairman of the board for the Pennsylvania Credit Union Association.
R. Brian Wilbur, PSECU
R. Brian Wilbur, a longtime board member at Pennsylvania State Employees Credit Union in Harrisburg, Pa., was honored on May 17 with the Joseph A. Moore Award as the Pennsylvania Credit Union Association’s outstanding volunteer of the year.
Kim Clark, 717 CU
Kim Clark was named assistant manager of the collections department at 717 Credit Union in Warren, Ohio.
Steve Smith, Sharonview FCU
Steve Smith, CFO at Sharonview Federal Credit Union, has announced his plans to retire later this year. Smith was recently named the CUNA Finance Council’s 2019 professional of the year.
Carla Devorich, 717 CU
Carla Devorich was named branch manager of the North Jackson and Air Base branches for 717 Credit Union in Warren, Ohio.
David Groce, Service One CU
Service One CU in Bowling Green, Ky., welcomed David Groce as manager of the credit union’s new Glasgow branch.
Bopha Peou, Align CU
Bopha Peou was hired as a mortgage originator at Align Credit Union in Lowell, Mass.
Elizabeth Duffy, Redwood CU
Santa Rosa, Calif.-based Redwood Credit Union has named Elizabeth Duffy as vice president of payments.
Bill Bowker, Glatco CU
Bill Bowker, CEO of Glatco Credit Union in Spring Grove, Pa., received the William W. Pratt Lifetime Achievement Award from the Pennsylvania Credit Union Association as the league’s 2019 professional of the year.
Bert Nichols, United FCU
St. Joseph, Mich.-based United Federal Credit Union appointed Bert Nichols as a mortgage advisor at the CU’s Promenade branch in Rogers, Ark.
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.