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By Robert McGarvey |
February 27, 2013
Every day, six days a week, a credit union closes and never re-opens.
That has been going on for many years. More than 3% of credit unions have annually closed for the past decade. By 2025, the United States will have around 4,500 credit unions.
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By Robert McGarvey |
February 21, 2013
Do the math. Look to your right. Look to your left. One in three credit unions will vanish by 2025. Find out more in this week's preview from next week's print edition.
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By Robert McGarvey |
September 17, 2012
It may be common–and it certainly is permitted under NCUA rules–but debates are beginning to be heard among some credit union experts when it comes to credit union employees (frequently the CEO) serving on the board of directors as treasurer.
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By Robert McGarvey |
September 13, 2012
Industry experts bat around whether CEO serving as board treasurer is a good idea. Drugs and fraud case is an example. Print story online now.
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August 20, 2012
The banks don’t like us using the word “banking,” and quite frankly, neither do we. We’ve got a large talent pool out there. Why can’t we come up with a better description than banking for what our members do when they come visit us?
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By Sarah Snell Cooke |
July 16, 2012
The debate over the fate of small credit unions continued on CUinsight’s blog last week with Henry Meier of the Credit Union Association of New York interjecting that “the days of treating your examiner as your de facto compliance officer are over.”
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By Sarah Snell Cooke |
July 13, 2012
Compliance is the cost of doing business and if you can’t bear those costs, you won’t be in business.
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February 26, 2012
First, Bauer Financial already risk rates credit unions for free. Any member can check it out.
Second, slippery slope. Once people start releasing this information, those that don't will be suspect of hiding something.
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February 24, 2012
In this Print Preview from our Feb. 29 issue, credit union people answer this question: "Should CAMEL ratings be disclosed?"
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By Michelle A. Samaad |
February 13, 2012
Gregg Stockdale, CEO of 1st Valley Credit Union, has several reasons why it may be dangerous for credit unions to release their CAMEL scores.
