The Board of Directors of Houston Texas Fire Fighters FCU has announced that Clint Hartmann is retiring in March 2016 as President/CEO after 12 years of distinguished service.
After graduating with his MBA and working several years in finance and accounting, Hartmann began his credit union career at Tropical Telco FCU (now Tropical Financial CU) in 1983 as Assistant Controller. Over the next 25 years, Hartmann served as President and CEO of credit unions with the Martin Marietta and the University of South Florida, where he learned to respect and appreciate the membership aspect of the credit union philosophy. He was named President and CEO of HTFFFCU in 2004.
Hartmann cites that his biggest challenge as CEO was navigating through the recent recession and collapse of the corporate credit union network, a challenge that hurt many credit unions throughout the country.
“I am proud that we managed to work through these challenges while maintaining positive earnings and capital growth. We also did not reduce any employee benefits or lay off staff.”
Under Hartmann’s exceptional direction, the Credit Union has grown in assets from $165 million in 2004 to over $247 million as of March 2015. Under his leadership, the credit union’s technological potential grew from establishing a new updated website to now accepting mobile deposits—technology that rivals the big banks.
In addition to his time at HTFFFCU, Hartmann has been extremely active in the Credit Union industry, currently serving as a member of the Board of Directors of Corporate America Credit Union. He has also served as a member of the Board of Directors of the Houston Chapter of Credit Unions for 9 years–5 of those years as President. Much of his time with the Houston Chapter centered on fundraising efforts for community charities and political advocacy for the credit union industry in Texas.
“The Houston Chapter has accomplished a great many things while I have been on the Board but there are probably two that I am most proud of,” he stated. “The first is that we won chapter of the year for 4 consecutive years. This demonstrates the overall excellence of the chapter and its many efforts. The second and definitely the one I am most proud of is that the Chapter has donated over $400,000 to Texas Children’s Hospital. In addition, the chapter has a current pledge of $250,000 that will be met next year. Working with the volunteers for the chapter has been a rewarding experience.”
He and his wife will enjoy a pastime they have both looked forward to, seeing the country in their travel trailer.
"Leaving HTFFFCU is bitter sweet,” Hartmann said. “On the one hand I look forward to traveling and spending more time with my grandchildren. On the other I will miss the involvement with the Chapter and my colleagues. I will miss the staff at the credit union, especially the management team. Finally, I will miss the Board of Directors at HTFFFCU. They have been very supportive over the last 12 years. Something I truly appreciate.”
BOSTON — Consumers facing financial pressure are increasingly turning to digital wallets not only for convenience, but also as a way to better manage their household finances, according to a new report from PYMNTS Intelligence . The report, titled “ The New Checkout: Crimped Consumers Lean Into Online Retail and Digital Wallets, ” is based on a survey of 2,108 U.S. adults and found digital wallet adoption is growing fastest among younger consumers and those experiencing financial stress. According to PYMNTS Intelligence, digital wallets are evolving beyond simple payment tools by offering features such as buy now, pay later options, real-time balance information and spending management tools that help consumers monitor their finances. Source: PYMNTS Intelligence Among consumers experiencing high financial stress, 28% said they used a digital wallet for their most recent retail purchase, compared with 11% of consumers reporting low financial stress. For grocery purchases, 21% of financi...
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