-
By Henry Wirz |
January 30, 2013
After the Berlin Wall came down, Congress decided to cash in the peace dividend and began closing military bases. One of the bases that closed was our primary sponsor, McClellan Air Force Base. We decided to convert to a community field of membership
-
By Henry Wirz |
January 24, 2013
California credit union CEO questions NCUA's ability to examine fairly, calls for Congress to give credit unions an independent insurer.
-
By Henry Wirz |
September 24, 2012
My credit union lost $23 million when WesCorp failed so I can say I have 23 million reasons to want CAMEL ratings disclosed.
-
By Henry Wirz |
September 24, 2012
My credit union lost $23 million when WesCorp failed so I can say I have 23 million reasons to want CAMEL ratings disclosed.
-
By Henry Wirz |
September 24, 2012
The decline in the number of small credit unions is very visible. I just finished an analysis of the local credit unions in my service area, and I think I have found some interesting information that may explain what is happening. I looked at the last five year period, June...
-
By Henry Wirz |
August 12, 2012
I read with great interest Edward Speed’s Guest Opinion [July 18 issue, page 12].
I appreciate Speed sharing his thoughts about regulators, trade associations, CUSOs and business lending. We need to dialog about the issues we face so that collectively we can make the right decisions.
-
By Henry Wirz |
December 4, 2011
I enjoyed reading the letter from Robert J Larison, who was the CEO of Atlantic Coast FCU and then converted to a mutual savings bank [Nov. 9 issue, page 10]. His letter reminds me of Flip Wilson's character Geraldine, who always said, “The devil made me do it.”
-
By Henry Wirz |
August 17, 2011
Regarding “Reports of the Death of Small Credit Unions Are Greatly Exaggerated,” cutimes.com, July 21. I agree with Mike Schenk that the death of small credit unions is exaggerated. Whenever you are talking about such a large group (there are over 6,000 credit unions with under $100 million in assets),...
-
By Henry Wirz |
June 5, 2011
During the industry debate over board member term limits, regulators have focused on the board's responsibilities, financial literacy, qualifications and, in almost every regulatory letter, made it clear that the board is responsible for more and more of the credit union's day-to-day operations.
-
By Henry Wirz |
May 11, 2011
NCUA recently released a white paper on alternative capital. The question most people ask is whether credit unions will ever get alternative capital. I think the more interesting question is whether credit unions can make alternative capital work in a member-owned cooperative. I would say the answer is that alternative...
