The $117M cooperative’s net income quadruples as loans reach the $4M mark.
Venerable credit union leader dies Monday at the age of 72 after battling colon cancer.
The $238 million AEA Federal Credit Union in Yuma, Ariz., reported net income of $3.8 million for 2014, while operating under a conservatorship.
The $1.4 billion Texans Credit Union, operating under a conservatorship, posted year-end net income of $21.7 million for 2014.
A former Alabama credit union president/CEO allegedly stole $14 million.
Jonathan Wade Dunning, former CEO of Birmingham Financial FCU, received 112 felony charges for allegedly stealing $14M.
The once financially-troubled credit union in Yuma, Ariz., sees growth in loans and net worth ratio.
Three years after conservatorship, the $1.4B cooperative posts $21.7M year-end net income for 2014.
The NCUA liquidates the $5M Louden Community CU. Its June 30 financials are far better than peers.
NCUA Chairman Debbie Matz tells Congress the rule could have prevented 14 credit union failures.