Lawyers for Wachovia Capital Markets filed documents in Kansas City Federal Court asking the court to dismiss NCUA’s securities fraud case against the firm now owned by Wells Fargo. Central to Wachovia’s argument is a question that has haunted the NCUA ever since the collapse of U.S. Central FCU: Why...
Filings in suit over U.S. Central losses show bank says corporates knew the risks of investing in mortgage-backed securities.
Transaction processor Lending Tools on Monday told Credit Union Times in an exclusive interview that it had signed a “significant” number of corporate credit unions to “binding agreements.”
Lending Tools and Viewpointe today announced a collaboration to provide an innovative auto settlement solution to credit unions.
Corporates say they're ready; NAFCU's Becker says FOI request sent to NCUA to find out more.
Chairman Debbie Matz says bids for payments operation "did not meet NCUA's responsibility to minimize service disruptions and impose the lowest possible cost."
ACH and related lines of business not included last week's eCom sale to CO-OP.
Announcement follows October bidding.
Kansas-based payments processor said to be, along with Fiserv, one of two bidders for U.S. Central.
Despite an earlier indication from the NCUA that the regulator hoped to reach a decision about how best to dispose of the assets of conserved corporate Western Bridge in November, that month came and went with no announcements.