LAS VEGAS – Executives and volunteers attending a Tuesday session on interest rate risk say they're making the necessary balance sheet adjustments.
The $153 million Kentucky Corporate Federal Credit Union has completed its merger into the Volunteer Corporate Credit Union, according to a VolCorp statement.
Surviving corporate VolCorp will maintain Kentucky Corporate's headquarters presence.
It was more than five years ago – March 2009 – when the NCUA seized WesCorp and U.S. Central, and thus began a shakeup that would completely redraw the map of corporate credit unions and their spokes. That story has been told, extensively, in CU Times.
Catch up with three former corporate leaders: Thomas Bonds, Francois Henriquez and Brian Hague.
Credit unions report examiner strong-arming to sell off long-term investments at a loss.
APCO's CFO says the WSJ reporter repeatedly told him the NCUA did not tell him to call.
Comparing estimates on the cost of the risk-based capital rule is like comparing apples to eggplants.
Of the nine prohibition orders issued last month by the NCUA, three were former employees of the $65 million Valley Credit Union in Tuscumbia, Ala.
The NCUA's new rule on CDAs benefits industry charities as credit unions invest in the vehicles.