Dennis Adams said he doesn't read too much into handful of planned conversions from NCUA coverage to his company.
American Share Insurance cites lower yields on bonds, weaknesses in some of its markets for rate hike.
School Employees Lorain County Credit Union in Elyria, Ohio, is asking members to vote to convert to ASI deposit coverage.
The distressed $712 million Silver State Schools Credit Union of Las Vegas confirmed again what analysts had expected: a first-half $2.8 million loss. But its new management continued again last week to claim progress is being made toward recovery.
New CEO of Las Vegas credit union cites positive signs in local economy, schools.
New CEO says management "continues working to stabilize" Las Vegas CU.
Southern California Postal CU of Long Beach takes over; both CUs covered by American Share Insurance.
The David Rhamy saga at the long-ailing Silver State Schools Credit Union in Nevada ends next Monday with the CEO’s retirement and succession by the former CEO of Patelco Credit Union, Andrew Hunter.
American Share Insurance president says former Patelco CEO Andy Hunter was hired by troubled Las Vegas CU "for the long term."
Contending it needs to “focus solely” on its own members, Silver State Schools Credit Union is ending some of its shared branching operations in Nevada effective in August.