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By Jim Rubenstein |
May 14, 2012
The spate of Southeast bank failures is providing some extra bargains for credit unions that are able to acquire abandoned bank branches and other property.
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By Jim Rubenstein |
May 3, 2012
MidSouth Community FCU monitors the FDIC’s list of foreclosed properties closely.
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By Marc Rapport |
January 31, 2012
Open Solutions Inc.’s outlook on its immediate future differs than that of one of the leading raters of debt.
While continuing its “B” corporate credit rating on the privately held core processing company, Standard & Poor’s said it has downgraded its outlook “to negative from stable, reflecting uncertainty as to the...
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By Claude R. Marx |
June 14, 2011
Thursday morning House hearing focusing on financial reform's impact on business lending; set for same time as Senate MBL hearing.
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By Michelle A. Samaad |
April 27, 2011
Crippled by mounting commercial loan losses, the $1.6 billion Texans Credit Union was placed in conservatorship on April 15 by the NCUA.
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By Jim Rubenstein |
November 3, 2010
In its latest assault on credit unions' the tax exemption, the banking lobby has seized on a suit filed by the NCUA to recover losses in a 2009 Nevada credit union failure as evidence CUs are handing out loans to nonmembers on a broad scale.
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By Jim Rubenstein |
October 26, 2010
A defaulted $1.5 million loan apparently made to non-members is firing up bankers' tax exemption talk.
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By Jim Rubenstein |
September 28, 2010
The industry's latest corporate crisis wound up again getting national attention Monday night in a segment on Fox Business Network featuring interviews with CUNA President/CEO Bill Cheney and one of the Wall Street Journal writers of "bailout" fame.
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By Michelle A. Samaad |
May 19, 2010
Rapid asset growth had proved to be a problem for MaPS Credit Union.
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By Jim Rubenstein |
March 24, 2010
Washington State credit unions have scored a legislative victory in 2010 by winning the right to accept public funds starting in July of next year.
