Equipment Finance Advisor

CommunityAmerica Credit Union announced today that Rhonda Pavlicek has joined the organization as Chief Financial Officer. With more than 30 years of financial leadership experience, much of it within the credit union industry, Pavlicek will lead CommunityAmerica’s financial strategy, helping position the credit union for continued growth while maintaining its strong commitment to safety and soundness.

Class 8 preliminary orders in August totaled 16,800 units (19.6k SA), up 31% y/y on easy, tariff and carrier profitability impacted comps at this time last year, according to the latest report from ACT Research. On a seasonally adjusted basis, preliminary net orders retreated 35% m/m, but as we’ve consistently noted the past few months, weak orders do not necessarily mean weak demand. Rather, orders are running into oversubscribed 2026 backlogs and the corresponding 2026 build slot availability.

Telhio Credit Union’s business banking services has unveiled its new Treasury Management solution, geared toward small and medium enterprises. The revamped program, named ESSENTIALS, features a comprehensive business experience at a cost-effective flat rate. Business owners work with Telhio relationship managers to streamline their operations, gaining flexibility and scalability to match their organizational goals.

Credit union CEOs and senior executives from across the country came together this week at the National Credit Union Foundation’s inaugural Financial Well-Being Exchange (FWBX). The FWBX is a curated executive convening structured around the exchange of ideas, vision, and future-focused insights from senior leaders shaping what’s next for financial well-being delivery. This exclusive gathering has been created to help shape the future of financial well-being with credit unions nationwide.

Commemorating the company’s 15th anniversary year, CEO Neil Kool is pleased to announce the appointment of Mike Dittman as Vice President, Construction of Structure First, the only Owner’s Representative focusing solely on the design, bid, and building of banks and credit unions across the country.

NETSOL Technologies Inc. announced a series of leadership changes across its Americas and European businesses. Faizaan Ghauri is transitioning from Chief Strategy Officer to his newly appointed role as President of NETSOL Technologies Americas (NTA).

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks report by ACT Research, same dealer used Class 8 retail truck sales declined 2.5% month-over-month in July, a steeper drop than the expected seasonal dip. Despite the near-term pullback, retail sales remained 45% higher compared to July 2025, continuing a trend of robust year-over-year growth. The average retail sale price for used Class 8 trucks slipped 4.0% from June, settling at $60,986.

Civista Bancshares Inc. announced the completion of its previously announced leadership transition. Charles A. "Chuck" Parcher has assumed the role of President and Chief Executive Officer of Civista Bancshares Inc. and Civista Bank, effective Sept. 1. Parcher succeeds Dennis G. Shaffer, who has retired as President and Chief Executive Officer of Civista Bancshares and Chief Executive Officer of Civista Bank following more than 40 years in the banking industry.

Global consulting firm J.S. Held published the results of its Q3 2026 Lending Climate in America survey, offering insight into how US lenders are assessing economic conditions, credit risk, borrower activity and market expectations. The latest findings point to a lending environment marked by growing caution.

Tariff payments by U.S. middle-market firms have declined from their October 2025 peak, but remain more than twice pre-2025 levels, according to a new JPMorganChase Institute study. The research, based on de-identified transaction data from midsize firms, finds that tariff costs increased across every industry examined and are putting significant pressure on manufacturers.