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FIRST ENTERTAINMENT CU
05/18/16 02:32 PM
First Entertainment CU
has announced the appointment of Frank Wasson as its new president and CEO. He will assume responsibilities on June 13, 2016, and will succeed Chuck Bruen, recipient of the Leo H. Shapiro Lifetime Achievement Award, who will remain as an executive consultant.
Click to view the latest Members in the News
From the Editors of CU Weekly
ROYCE: NEXT STEP FOR MBL LEGISLATION
|Rep. Ed Royce R-CA
02/25/14 12:37 PM
'We Still Have Work to Do'
Representative Ed Royce, R-CA, announced today during the Credit Union National Association's 2014 Governmental Affairs Conference (GAC) that he will introduce legislation giving parity for credit unions with respect to standing law for banks.
The legislation is a complement to H.R. 688, the Credit Union Residential Loan Parity Act, to exempt loans for non-owner occupied one-to-four unit dwellings from the current member business lending cap on credit unions (12.25 percent of assets).
"While it's not a panacea to your business lending needs, it will greatly improve how you serve your members," Royce said.