Heather Anderson

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  Onsite Coverage: 64% of New CU CEOs Were CFOs

  By Heather Anderson  |  May 20, 2013

  PHOENIX—Of the 255 CEOs hired by credit unions in the past 18 months, 64% have promoted or hired CFOs.

• California DFI Order Hammers $5.5M Lithuanian Credit Union

  By Heather Anderson  |  May 20, 2013

  State regulator orders Glendale credit union to replace manager, implement process improvements, controls.

• NCUA Ponders Fees for Derivatives Rule

  By Heather Anderson  |  May 20, 2013

  NCUA Board Members Debbie Matz and Michael Fryzel said they are eagerly anticipating comments on a rule that would grant new investment authorities but could set a pay-to-play precedent that concerns trade associations.

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  Metsger Nominated to NCUA Board

  By Heather Anderson  |  May 20, 2013

  Rick Metsger, a former Oregon state senator who has sponsored credit union legislation and once served on a credit union board, was nominated by President Barack Obama May 15 to serve on the NCUA Board.

• WesCorp Losses Far Outpace Other Corporates

  By Heather Anderson  |  May 20, 2013

  According to legacy asset loss estimates provided to Credit Union Times by the NCUA, investments made by Western Corporate FCU are generating far more losses than those that were made at other failed corporates.

• CU Student Loans May Dodge Asset Bubble, Delinquency Rates

  By Heather Anderson  |  May 20, 2013

  From the Wall Street Journal to the activist blog Zero Hedge, economists and pundits have been actively debating this year whether or not a student loan asset bubble exists and if so, when it might pop.

• Catalyst CEO Confidence Survey Finds Improvement for Members, But Not CUs

  By Heather Anderson  |  May 17, 2013

  Tight margins continue to dampen enthusiasm in credit union corner offices.

• NCUA Conserves Tiny Alabama Credit Union

  By Heather Anderson  |  May 17, 2013

  Chartered in 2007, First Kingdom Community FCU of Selma has 76 members, assets of $88,400 and no loans outstanding.

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  Michigan League Endorses Peters for Levin’s Senate Seat

  By Heather Anderson  |  May 17, 2013

  The Michigan Credit Union League on Friday endorsed U.S. Rep. Gary Peters for the U.S. Senate.

• Onsite Coverage: Fees Could Offset 87% of Derivatives Program Costs

  By Heather Anderson  |  May 16, 2013

  ALEXANDRIA, Va. — Proposed fee could offset as much as 87% of all costs to implement expanded derivative authority through 2014.