VALLEY FORGE, Pa. - (06/29/06) John Schooler has left aspresident of USERS, the core processor here that is part of theFiserv family of companies. Well-known to many within creditunions, Schooler was promoted from within USERS to replace formerpresident Joe Barry, who left the position after being promoted toPresident of the Fiserv Credit Union Eastern Region. In a letter tocredit union clients, Barry provided no reason for the departureand said a new president will be named as soon as possible, andthat the company will be guided during the transition by thecompany's senior management team. For many years USERS was thelargest CUSO operating within the credit union community before itwas acquired by Fiserv.
-
Todd Lane, the CEO of California Coast Credit Union, described an allegation by an executive at San Diego County Credit Union as "categorically inaccurate." The two institutions are locked in a legal fight after their agreement to merge turned contentious.
4h ago -
Lake Shore Bancorp in Western New York has reached a "standstill agreement" with the Stilwell Group, which has promised not to force a merger or sale in the next three years.
March 20 -
Swiss banking giant UBS Group received federal approval from the Office of the Comptroller of the Currency to convert its $1.6 trillion-asset UBS Bank USA from a Utah-chartered industrial bank to a national charter.
March 20 -
Early industry reaction to the Federal Reserve's Basel III proposals points to potential capital relief for banks, though stakeholders say the complexity of the changes makes their overall impact unclear.
March 20 -
Financial institutions that delay or fail to take this leap risk losing customers and revenue, said speakers at the inaugural On-Chain Executive Summit.
March 20 -
CISA and Microsoft urge organizations to secure endpoint management systems as threat actors increasingly seek to disrupt operations with wiper malware.
March 20











