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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Comptroller of the Currency Jonathan Gould encouraged the audience at a crypto conference Tuesday to weigh in on the agency's GENIUS Act implementation rule and said a separate anti-money laundering proposal from OCC and Treasury would be coming soon.
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The Federal Open Market Committee is widely expected to keep interest rates steady when it concludes its regular meeting tomorrow, but rising uncertainty about inflation in the wake of the Iran war is clouding the monetary policy outlook.
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Bank of America has reached a settlement in principle to resolve a class-action lawsuit filed by victims of Jeffrey Epstein.
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WesBanco in Wheeling, West Virginia, has hired a team of lenders in South Florida. It plans eventually to open branches in a bid to grab a share of the region's expanding deposit market.
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The criminal cases against these former 30 Under 30 honorees highlight the dangers of prioritizing hypergrowth narratives over proper due diligence.
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Darnell returns to Regions, after fintech-focused stints at Visa and a community bank acquired by Huntington, as the bank accelerates its branch opening plans.
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