WASHINGTON - (08/29/05) The board of the D.C. Credit UnionLeague has appointed a committee tasked with selecting nominees forthe three new seats on the board of the newly formed Maryland andDistrict of Columbia Credit Union Association. These directors willbe elected before the official opening of the new association onJan. 1, 2006. DC League Chair Theresa Mann will chair thenominating committee made up of Laura Eacho, CEO of DCVA FCU;Miriam Lieb, CEO of Transportation FCU, and Will Yarborough, CEO ofUSPS FCU. Nominations should be faxed to 410-290-7832 and must besubmitted by Sept. 15.
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Following a $60 million credit hit, the Salt Lake City bank said that it hasn't found any other related problem loans.
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Comptroller of the Currency Jonathan Gould said in an interview with American Banker that his agency is looking at whether its own internal guidance may have contributed to a climate where banks feel the need to "cite everything" to avoid supervisory penalties.
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AlumniFi, the digital banking arm of Michigan State University's official credit union, is now an official bank partner for the NCAA's Big East conference.
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