Financial credit

Dort Financial Credit Union Announces Retirement of President and CEO Vicki Hawkins

By ohtadmin | to March 17, 2022 Vicki Hawkin GREAT WHITE — After 36 years of dedication to the members and employees of Dort Financial Credit Union, Vicki Hawkins, President and CEO, will retire on March 18. Hawkins’ career at Dort Financial began in 1986 when she joined the credit union as an […]

Credit risk

Pax8 Hints It Will Help Microsoft Manage NCE Credit Risk

Pax8 is looking at ways to help partners manage credit risk as they grapple with new subscription terms offered through Microsoft’s New Commerce Experience (NCE). “At Pax8, the role we have to play in this space is really to make sure that we partner with you, to guide you through this process and to offer […]

Credit risk

Fannie Mae transfers $771 million in credit risk to private insurers

The deal transferred millions of dollars of credit risk to a group of 22 private insurers and reinsurers. This credit risk is tied to a benchmark pool of $26.1 billion of single-family mortgages. “This transfer of credit risk…increased the role of private capital by transferring $770.7 million of mortgage credit risk to private insurers and […]

Credit line

Covid-19: the EIB opens a credit line of XAF 7.8 billion for Cameroonian SMEs

(Business in Cameroon) – The European Investment Bank (EIB) announces that it has approved the opening of a credit line of 12 million euros (7.8 billion XAF) with Commercial Bank Cameroon (CBC). The announcement was made during the EU-Africa Business Forum (EABF) organized ahead of the 6th EU-AU Summit which was launched on 17 February […]

Financial credit

Brian Waldron named new CEO of Dort Financial Credit Union

GRAND BLANC, MI — Dort Financial Credit Union has named a former senior vice president of loans at a New York credit union as its next general manager. Brian Waldron will assume CEO responsibilities on March 18, 2022, succeeding Vicki Hawkins, who is retiring in April, according to a press release from Dort Financial Credit […]

Financial credit

Dort Financial Credit Union in Michigan Appoints New CEO | Credit Union Journal

Dort Financial Credit Union in Grand Blanc, Michigan, has named Brian Waldron as its next managing director. The $1.4 billion-asset credit union announced that Waldron, who most recently served as senior vice president of loans and chief loan officer at Hudson Valley Federal Credit Union in Poughkeepsie, New York, from 6.4 billion, will become CEO […]

Financial credit

Jovia Financial Credit Union and Northwell Health Ice Center Build Partnership to Support Youth Sports – Community News

In an ongoing effort to support youth in our communities, Jovia Financial Credit Union, one of Long Island’s leading credit unions, announced a multi-year partnership agreement with Northwell Health Ice Center as the “Official Co-op Partner credit” from the Ice Center located in Eisenhower Park in East Meadow, NY / Westbury, NY. Jovia will be […]

Credit counseling

Advantages and disadvantages of investing in rhodium, a precious metal twice as valuable as gold

With a price increase of more than 30% so far this year, rhodium now costs more than double what gold or palladium cost. Despite this, the precious metal has not attracted much attention from investors. Rhodium, which is corrosion-resistant and used in vehicle catalytic converters and as an electrical contact material, rose above a 10-year […]

Credit counseling

Mexican president says he tested positive for COVID-19

MEXICO CITY — Mexican President Andrés Manuel López Obrador said Sunday he had tested positive for COVID-10. López Obrador said his symptoms were mild and he was receiving medical treatment. López Obrador, 67, continued to travel across the country and attend public events even after a second wave of coronavirus infections hit the country in […]

Credit counseling

Dean Foods decline has more to do with water than oat milk

Oat milk and other alternatives helped milk producer Dean Foods Inc. file for bankruptcy this week, but the biggest drain on milk sales is an entirely different liquid: water. In the six weeks ending September 8, 2019, about 400 million gallons of milk were sold compared to less than 100 million gallons of plant-based milk […]

Credit counseling

Have milk? Too much, say US dairy farmers

US dairy farmers’ big bet on global milk demand is deteriorating. The industry was struggling long before a trade dispute with Canada last month that reduced demand for ultrafiltered milk, an ingredient in cheese. Dairy farmers fear a spat that has jeopardized around $150 million in sales for producers in Wisconsin, New York and Minnesota […]