- SEATTLE (08/29/01) Seattle Telco Credit Union has named as its newCEO Chuck Cockburn, who has submitted his resignation with HudsonValley FCU, Poughkeepsie, N.Y., effective Sept. 7. During his sixyears at Hudson Valley FCU Cockburn has overseen growth to$1.4-billion in assets and 116,000 members. At HVFCU, Mary D.Madden has been named acting CEO. Cockburn will fill a vacancycreated by Sherry Callahan, who had left OmniAmerican Credit Unionin Texas to take the CEO position at Seattle Telco, but laterresigned to join Patelco Credit Union in San Francisco.
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A draft spending bill slated for consideration in the House Ways and Means Committee Tuesday maintains the credit union industry's longstanding exemption from most federal taxes, but the issue is far from settled.
9h ago -
Citizens & Northern's deal for Susquehanna Community is the eighth involving a Pennsylvania seller in less than two years. An industry consultant based in the Keystone State expects the pace to slow as the number of buyers dwindles.
10h ago -
Checkout-free retail, which enables transactions without a dedicated point of sale, provides a trove of data that can aid dozens of mobile banking functions, though it's not widely used due to difficult upgrades.
11h ago -
A 90-day pause on reciprocal tariffs between the U.S. and China boosted the near-term economic outlook for banks, but tensions and uncertainty around trade barriers remain high.
May 12 -
The fintech's first-quarter earnings results beat analysts' expectations on nearly every metric. Now, the second-look lender is looking to partner with regional banks as it builds out its pre-screen and lead generation platforms.
May 12 -
President Donald Trump has signed two Congressional Review Act resolutions nullifying the Consumer Financial Protection Bureau's rule capping many overdraft fees and subjecting large data brokers to regulation.
May 12