Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Alabama-based CU placed in conservatorship
BIRMINGHAM, Ala. (8/7/09)--The senior staff of Mutual Savings CU, Birmingham, Ala., is working with the Alabama Credit Union Administration(ACUA) to get the credit union out of conservatorship, Sonja Purvis, senior vice president of marketing and development, told News Now. The state-chartered credit union was placed into conservatorship by ACUA July 31. Its board, supervisory committee, and CEO have been relieved of their duties at the credit union. Members of the senior staff remain, Purvis said. Tom Tatum has been named acting CEO of the $191 million asset credit union. Tatum has more than 40 years of experience in the credit union industry and is the former CEO of Jefferson County Teachers FCU.


RSS





print
News Now LiveWire
CUNA: CUNA offices closed through Friday, News Now returns Monday http://t.co/a5xbLzQKDj
12 24 ago
Reminder: @CUNA's Madison, D.C. offices will be closed through Friday, open again on Monday. #NewsNow will publish Monday.
12 23 ago
MI dentist to match @CUDirect's $20K to @HurleyMedical as a result of #20for20 online voting http://t.co/hqmIc9LpK1 @CMNHospitals
12 23 ago
New #creditunion chartered in St. Louis - #LutheranFCU - by @TheNCUA http://t.co/faPfANGS0P. Only 3rd new FCU charter this year.
12 23 ago
Don't get hacked during the holidays-use these tips from @CUNA http://t.co/jEqxni6NhO #StoptheDataBreaches http://t.co/woIxPOIyys
12 23 ago