Credit unions

On Sep. 30, 2020. Dollars in thousands.

Lawmakers and the credit union regulator have packed schedules this week as both groups attempt to wrap up their 2020 business before the holidays.

The Gainesville, Fla.-based credit union has converted from a federal to a state charter and will debut its new brand identity early next month.

Ayn Talley will step down in January, to be succeeded by the credit union's longtime executive vice president.

The credit union regulator's monthly meeting will cover the agency's budget proposal and subordinated debt, among other items, along with taking another shot at an overdraft proposal that was rejected earlier this year.

Anna Lo, a former NCUA examiner who previously led Pacific Transportation FCU, will take the helm next month, following the retirement of longtime CEO Lourdes Cortez.

The process will see the state's largest credit union split its president and CEO roles until longtime chief executive John Reed retires in January 2023.

Irene Oberbauer spent 12 years in the credit union movement and was SDCCU's first female CEO, serving from 2007 until her retirement in 2010.

To improve a declining rating in the annual American Consumer Satisfaction Index, credit unions may have to make hefty investments in technology upgrades, something most of them can't afford.

Amy Nigrelli will serve as CMO of the Albuquerque-based credit union, one of two recent personnel moves there.