New CEO Lands At Air ForceFCU

May 15, 2006, 1:00 a.m. EDT 1 Min Read

SAN ANTONIO, Texas - (05/15/06) Air Force FCU announced Fridayit has hired Robert Glenn, an executive the past 16 years at ORNLFCU in Oak Ridge, Tenn., as its new president and CEO. Glenn willsucceed Tom Whitmore, who left the $230-million credit union, knownuntil 2003 as Lackland FCU, last September. Executive VicePresident Bob Sherwood has been serving as interim CEO since then.The credit union, based at Lackland Air Force Base, is open to allmembers of the U.S. Armed Forces and their families.

For reprint and licensing requests for this article, click here.

TRENDING

Community banking

Insurance deal too rich for Trustmark to pass up, CEO says

The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.

By John Reosti

8h ago
Consumer lending

Synchrony hikes interest rates on credit cards to offset late-fee rule

The store-branded card issuer is raising annual percentage rates and adding fees for paper statements to compensate for lost revenue. The Consumer Financial Protection Bureau's new regulation is scheduled to take effect on May 14.

By Polo Rocha

9h ago
Industry News

Bank of America, Goldman Sachs CEOs hang onto their board chair hats

At the banks' annual meetings, shareholders at both companies struck down proposals that would have split the board chair and CEO roles. Two other proposals also failed to win shareholder support, one concerning energy financing and another on pay gap analysis.

By Allissa Kline

9h ago

MORE FROM AMERICAN BANKER

Community banking

Insurance deal too rich for Trustmark to pass up, CEO says

The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.

By John Reosti

8h ago
Consumer lending

Synchrony hikes interest rates on credit cards to offset late-fee rule

The store-branded card issuer is raising annual percentage rates and adding fees for paper statements to compensate for lost revenue. The Consumer Financial Protection Bureau's new regulation is scheduled to take effect on May 14.

By Polo Rocha

9h ago
Industry News

Bank of America, Goldman Sachs CEOs hang onto their board chair hats

At the banks' annual meetings, shareholders at both companies struck down proposals that would have split the board chair and CEO roles. Two other proposals also failed to win shareholder support, one concerning energy financing and another on pay gap analysis.

By Allissa Kline

9h ago
Politics and policy

Why are Republicans trying to nullify bank rules? Blame the coming election.

Congressional Review Act resolutions are ramping up ahead of the 2024 election cycle. Experts say that, although none are likely to become law, the resolutions are still powerful messaging and political tools.

By Claire Williams

10h ago
Fraud prevention

Sharing fraud data is hard. Two industry efforts aim to make it easier.

The ABA is testing an information-exchange network to allow banks to share their fraud data with each other. Companies including Baselayer are also building solutions.

By Carter Pape

April 24
Small business lending

GOP lawmakers demand SBA revoke Funding Circle's 7(a) license

Republicans on the House and Senate Small Business committees are accusing the SBA of being irresponsible in granting Funding Circle permission to participate in its flagship loan-guarantee program.

By John Reosti

April 24