SALEM, Ore. – Oregon Employees FCU announced the hiring of Kent White, the vice president of marketing at Austin, Texas-based Amplify FCU, as its new president and CEO.
Kent, who has 17 years experience in financial services, has an Oregon background, having attended the University of Oregon and graduated from the university’s Executive MBA program.
Oregon Employees is a $90 million credit union with 10,000 members.
Constellation Software subsidiary CORA Group rebranded its U.S. core banking service as regulators are looking to inspect core vendor relationships.
Banks have embraced artificial intelligence for years. Now, after a week of dire warnings about the technology's risks, executives at two big banks are calling for caution and calm.
More depositories are getting involved in the securitized market and the competition is likely to add to expense management challenges of smaller balance loans.
Consumers' spending and payment behaviors were "holding very firm" despite inflationary pressures, Synchrony Chief Financial Officer Brian Wenzel said at the Barclays Global Financial Services Conference.
Sen. Elizabeth Warren sent a request for information to the National Association of Insurance Commissioners about state regulators' efforts to address private equity ownership of life insurance companies.
Advisors are still slow to plan for handing down their businesses, in part because of difficulties finding new owners they can trust.
