Corporate America

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  Bonds Exit Stirs Up Mild Concern

  By Heather Anderson  |  July 16, 2012

  Two member credit unions say they aren’t running for the exits at Corporate America Credit Union following the July 3 announcement that CEO Thomas Bonds had resigned from the $3.3 billion corporate. However, they expressed disappointment and concern that the maverick and charismatic leader will no longer lead the Irondale,...

• Alabama Regulator Sees No Conflict of Interest

  By Heather Anderson  |  May 14, 2012

  Alabama Credit Union Administrator Larry Morgan, who was chairman of the board for the $3.7 billion Corporate America Credit Union as recently as 2010, denied accusations that he has a conflict of interest acting as regulator on issues between the corporate and the NCUA.

• Is Bonds-Hunt Feud Behind Corporate America-Louisiana Corporate Merger Delay?

  By Heather Anderson  |  May 2, 2012

  Correspondence between Alabama, federal regulators say OCCU Director Scott Hunt told Corporate America CEO to quit talking to media or the agency "would not support CACU."

• Corporate America Announces Sallie Mae Student Loan Offering

  By Robert McGarvey  |  March 21, 2012

  Alabama-based corporate to offer Smart Option Student Loan program to its credit union members.

• Auto-Settlement May Be Left Out in the Cold

  By Robert McGarvey  |  January 31, 2012

  As discussion of the impacts of NCUA’s recent memo outlining termination dates for various services offered by U.S. Central Bridge grows in the industry, one deadline has generated heated discussion–and worries–on the part of some credit union leaders. That is auto settlement, a comparatively obscure wholesale settlement service where U.S....

• Corporate America’s Pay Day – Proceeds from U.S. Central Suit?

  By Robert McGarvey  |  October 26, 2011

  Is $2.5 million flow of "other income" in August statement Corporate America's settlement? No one's saying.

• Pay to Play: Comparing Capitalization Requirements

  By Robert McGarvey  |  June 5, 2011

  Editor's Note: This is a corrected version of the article that was published in the June 8, 2011, edition of Credit Union Times.