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By Robert McGarvey |
December 11, 2011
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.
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By Robert McGarvey |
December 2, 2011
November gone, sources say NCUA board meeting on Dec. 15 should include an announcement.
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By Robert McGarvey |
November 13, 2011
The initial NCUA-sponsored bidders conference for corporate credit unions interested in possibly acquiring all or parts of the failed Western Bridge corporate credit union was a month ago and now questions are circulating among credit unions about probable next steps.
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By Marc Rapport |
October 10, 2011
A credit union investment CUSO is positioning its investment options for increased business as it anticipates an early redemption by Western Bridge of more than $4 billion in CDs by Oct. 3.
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By Robert McGarvey |
September 23, 2011
Agency says goal is to minimize disruption to members, costs to stabilization fund.
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By Marc Rapport |
September 22, 2011
CUSO makes bid for some of the funds it says will be made available as Western Bridge redeems $4 billion in CDs.
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By Robert McGarvey |
September 16, 2011
Agency sets meeting for potential bidders for first week in October, indicates wants to sell corporate as a whole.
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By Robert McGarvey |
September 14, 2011
Have $11 million? Want to own a piece of credit union history?
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By Robert McGarvey |
August 31, 2011
Today is the deadline and at least some backers of United Resources want to let it be known that their support is unwavering.
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By Robert McGarvey |
August 30, 2011
Proposed new corporate's website shows commitments far short of goal day before deadline.