The Pennsylvania Credit Union Association has restructured its senior management team. Named to the executive team were Jim McCormack, president/CEO; Bob Hinchey, EVP-fee services; Rick Wargo, senior VP/general counsel; Mike Wishnow, Senior VP-communications & marketing (including overseeing the Pennsylvania CU Foundation); and Kati Shoop, VP-HR/corporate relations. The senior management team will include members of the Executive Management Team (listed above), along with David Dunn, VP-member business services; T. Fetsko, VP- administration/controller; Jan Hartman, VP-governmental affairs; John Kilduff, VP- Credit Union Services; Corinne Sherman, VP- Card Services; Jinny Cosgriff, Assistant VP- education & professional development; and Rick Myxter, Assistant VP-credit union planning & development. Other changes include: Peter Ranck, who was named director-information services; and Ron Celaschi, who was named senior planning consultant.
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The bank is accusing its fintech rival of racketeering for raiding its offices across nine states and stealing an untold amount of confidential information.
September 12 -
Mirroring the efforts of a number of larger institutions, Portland-based Northeast Bank plans to open a de novo branch in Bangor and renovate its seven existing branches.
September 11 -
The Brazilian digital bank is bringing its services to U.S. consumers through a partnership with Lead Bank as it awaits its own final charter approval.
September 11 -
Research from Cerulli Associates suggests that many RIAs have a long way to go with AI adoption while already finding possible ramifications for back-office staff.
September 11 -
Regulators want firms to spot where several critical functions ride on one provider, a question the department's earlier vendor guidance did not ask.
September 11 -
The digital asset and card-issuing firms are supplying the guts to enable transactions for cards and digital wallets, betting that Mastercard's ties to both firms will be attractive to banks, consumers and merchants.
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