The NCUA liquidates the $5M Louden Community CU. Its June 30 financials are far better than peers.
After IBEW Local 816's July 10 liquidation, C-Plant picks up most of its loan portfolio and members.
ASI liquidates the $14M Illinois institution after declaring it insolvent.
The NCUA refuses to provide subpoenaed documents that could detail management and examiner responsibility for corporate failures.
NCUA Chairman Debbie Matz tells Congress the rule could have prevented 14 credit union failures.
The IBEW Local 816 FCU was ruled insolvent despite conflicting financial reports.
Against a backdrop of a groundswell of support to expand business lending authority, one outcome is becoming an unfortunate black eye on those efforts.
Oregon’s St. Helens Community Federal Credit Union is now facing a recall of five of its directors to be heard after the Labor Day weekend.
Most folks never have a chance of even knowing the power of their talents and gifts.