American Heritage CEO tapped to serve on international board and other credit union advocates in the news.
Bruce K. Foulke, president and CEO of American Heritage FCU, Philadelphia, was elected as treasurer of the World Council of CUs during its World CU Conference annual general meeting in Belfast, Northern Ireland.
OMNI Community CU, Battle Creek, Mich., promoted Jason Cain to chief information officer.
Peter Palumbo Jr.
Technology consultant Samaha & Associates, Chino Hills, Calif., hired Peter Palumbo Jr. as a senior consultant.
Municipal CU said James Durrah has assumed the position of chair of the board of directors, replacing Sylvia G. Ash, who resigned as board chair and member of the board.
Arlington Community FCU, Arlington, Va., hired Dana Blanton as card services manager.
Arlington Community FCU, Arlington, Va., hired Donesha Crews as member service manager.
Sherwyn Smeltzer, a financial advisor at Park View FCU, Harrisonburg, Va., has passed the CFP Exam one of three steps required to earn the Certified Financial Planner designation.
Tinker FCU, Oklahoma City, said financial educator Giovanni Monterroso (right) was awarded the Junior Achievement Crystal Apple Award for his dedication to teaching students about financial education.
John Murga, CEO of Hidden River CU, Pottsville, Pa., has been appointed to the board of directors of the Pennsylvania CU Association.
Community banks that were pushed past key asset limits by the Paycheck Protection Program say they will be unable to shrink their balance sheets back to normal size by the 2022 deadline, especially if there is a new round of rescue aid.
The plan still lacks concrete details about standards banks must meet to earn high ratings, but the agency said the new methodology would end grade inflation and could penalize banks that underperform.