More than 89 credit union representatives turned out here for the Georgia-South Carolina Management and Volunteers' Institutes. The respective state leagues began hosting the conferences, which are held simultaneously, last year. Among those addressing the meeting were Steve Abercrombie, president of Business Resources Services in Seattle, and Ed Callahan, former NCUA board chair and CEO of Patelco CU in San Francisco. A panel on taxation featured Scott Earl, president of the Utah League of Credit Unions, Patrick Jury, VP of the Iowa Credit Union League, and Pamela Leavitt, VP Governmental Affairs/Public Relations for the Credit Union Association of Oregon. The panelists were introduced by Gary Kohn, VP Legislative Affairs and Senior Legislative Counsel for CUNA. Kohn also spoke to attendees on the taxation issue and of CUNA's involvement.
-
Two former members of the Federal Open Market Committee said in interviews that they expect the Federal Reserve to keep rates steady amid uncertainty over the ongoing war with Iran and the resulting upward pressure on inflation.
10h ago -
Goldman Sachs Chief Legal Officer Kathryn Ruemmler received an 11% pay hike last year, bringing her total compensation to $25 million; U.S. Bank promoted Toby Clements to chief operations officer; Klarna is expanding its forward-flow and whole-loan sale deal with Elliot Investment Management to $2 billion; and more in this week's banking news roundup.
March 27 -
Carter Bankshares in Martinsville, Va., sold more than $200 million of loans made to companies controlled by Sen. Jim Justice and his family, closing out a once close relationship that later descended into rancor and litigation.
March 27 -
The Federal Deposit Insurance Corp.'s Office of Inspector General said in a Thursday report that staffing cuts over the past year could strain supervision and the agency's response to a crisis.
March 27 -
The latest rise in property tax collections at the end of last year continued a nine-quarter streak of increases, according to the National Association of Home Builders.
March 27 -
American Banker data finds that regulatory clarity is the top ask from executives holding back on adoption planning.
March 27











