MADISON, Wis. (12/14/09)--The Filene Research Institute announced that Patricia Smith, president/CEO of Unitus Community CU in Portland, Ore,, has been elected chair of the institute.
She replaces outgoing chair Patsy Van Ouwerkerk, CEO of Travis CU in Vacaville, Calif., who completed a three-year term as chair and will remain on the board as a director. Smith, a four-year veteran of the Filene board, will be the institute’s sixth chair. “The need for independent research about changes in consumer finance has never been more important than it is today,” Smith said. “I’m proud of the research and the innovation work we’ve done at Filene to position credit unions for this changing world.”