The dizzying pace of corporate events and NCUA rulemaking last week left many CU managers wondering where to turn for help.
Covering the corporate credit unions has been a lesson in human nature.
The Aug. 31 deadline for capitalizing – a date self-imposed by multiple corporate credit unions – is here. Who’s left standing? Who is folding?
Amount not disclosed, but Patelco pledges support.
U.S. Central peaked out at $2.8 billion, N.C. State Employees' at $489 million, WesCorp averaged $100 million a day.
Agency says it wants to encourage "more frank feedback" from credit unions on participation in corporate rescue fund.
Credit union executives spent the first week after the NCUA unveiled its corporate credit union prepayment plan studying it and reserving judgment.
Rumors swirled Monday that U.S. Central Bridge had tumbled deep into a “liquidity crisis,” as one Credit Union Times source put it.
NCUA says plan proposed Thursday came from requests from credit union executives.
The NCUA may be saying it has no intent of compelling corporates to merge, but a recent upload to the NCUA website might say otherwise.