News Topic: Obituaries
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CEO of Achieve Credit Union in Ohio dies
Gerald Corrigan, who gained fame as a troubleshooter for the Fed, dies
John Ryan, fierce defender of dual banking system, is dead at 58
Ex-OCC chief Hawke remembered for preemption rule, ‘brilliant’ law career
Stopera, former CAP COM Federal Credit Union CEO, dies
Former Dallas Postal Credit Union CEO dead at 92
Former Baxter Credit Union chief dies
Former CEO of Simplicity Credit Union dead at 60
Patricia Wesenberg spent more than two decades at the Wisconsin-based institution but retired in October to deal with health issues. ... Read full article
John Grundhofer, former U.S. Bank CEO, dies at 82
The industry legend turned around a struggling Minneapolis company and even escaped a kidnapping to build the firm that is now the nation’s fifth-largest bank. ... Read full article
Original CEO of Frankenmuth Credit Union dead at 76
Kathleen Bierlein Yancer served the Michigan-based institution for more than 30 years before retiring in 2003. ... Read full article
Former CEO of Adventure Credit Union dead at 59
Brian McVeigh passed away on Dec. 31, following a 14-month battle with brain cancer, according to a release from the Michigan Credit Union League, having spent more than 35 years serving in a variety of roles at CUs across the state. ... Read full article
Retired CEO of San Diego County Credit Union dead at 64
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. ... Read full article
Paul Sarbanes, U.S. senator who co-wrote anti-fraud law, dies at 87
The Maryland Democrat served five terms in the U.S. Senate, a 30-year tenure in which he was chairman of the Senate Banking Committee when it responded to a rash of accounting scandals. He didn’t seek a sixth term and retired on Jan. 3, 2007. ... Read full article
Ascentra Credit Union CEO dead at 52
Dale Owen began his career at the Bettendorf, Iowa-based institution in 1999 and took over as chief executive in 2013. ... Read full article
Fintech, bank conflict heats up; Deutsche plans bonus cuts
Fintechs want access to customers’ financial data, but banks are resisting, on security concerns; Deutsche Bank may cut bonus pool 20% after 14% drop last year. ... Read full article
Longtime CBA counsel had the backs of banks, the respect of regulators
Steven Zeisel, a lobbyist with the Consumer Bankers Association who died Sunday, was a strong voice for financial institutions navigating post-crisis regulations. He also had the ear of policymakers on the other side of the table. ... Read full article
Skip Hove, former FDIC acting chairman and Nebraska banker, dies at 84
Hove, who spent 11 years on the Federal Deposit Insurance Corp. board, was the agency's acting chairman three different times during the 1990s. He held several jobs in banking, including chairman and CEO of Minden Exchange Bank & Trust, which had ... Read full article
Homeowners rush to refi; did JPM execs dismiss warnings about Jeffrey Epstein?
The rate on a 30-year fixed-rate mortgage dropped to 3.6%, a three-year low; Mary C. Erdoes, a top bank executive, allegedly pushed back against compliance department suggestions to jettison the controversial client. ... Read full article
Russell E. Hogg, former Mastercard CEO, dies
During his time with the company, Hogg directed its transformation from Interbank to Mastercard and helped expand the card brand's global presence. ... Read full article