The NCUA's McWatters concedes the legal fees paid for corporate credit unions are excessive.
A look at the NCUA chairman's contributions to the credit union industry during her 11-year tenure on the board.
First announced in July 2014, the merger will become effective Feb. 28.
ALEXANDRIA, Va. - The 2015 Temporary Corporate Credit Union Stabilization Fund is more than $4.1M, a 8.9% decrease from 2014.
Former Kentucky Corporate CEO Jim Thompson will replace the retiring Huston Reinle at the $102M Kentucky credit union.
JPMorgan Chase’s $2 billion failed credit risk hedge is different than the investments that led to the corporate credit union crisis. However, there are also similarities, according to industry investment experts. Specifically, overleveraging and a drive for income that compromised risk management.
Ask corporate credit union senior executives what keeps them up at night and for many, it’s whether they can grow their business.
At its recent annual meeting, the $4.2 billion Corporate One Federal Credit Union of Columbus, Ohio revealed two re-elections and one newly elected member to its board of directors.
The Western Bridge Corporate Charter Committee has elected a seven-member board of directors and a three-person supervisory committee.
Accept this reality: How corporate credit unions were will not be again, at least not soon.