Whoever is nominated and confirmed to replace departing board member Gigi Hyland will have some big shoes to fill when it comes to her credit union experience, industry leaders say.
Kathy Garner, president/CEO of the $2.7 billion Catalyst Corporate FCU in Plano, Texas, said Hyland's corporate experience helped her understand the value corporates bring to the industry.
|Her perspective "probably helped the NCUA put a plan into place that saved the corporates," Garner said, and had Hyland not been on the board, corporates may have experienced a different outcome.
Additionally, Garner said Hyland's credit union background gave her a passion for the position that doesn't normally come with a political appointee.
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