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By Guest Blogger |
December 22, 2010
Guest Blogger Teresa Y. Freeborn, president/CEO of Xceed Financial Credit Union, let us know she had a few things to say about the recent trend in out-of-state credit union mergers.
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December 22, 2010
Regulators pulled the plug on a Salt Lake City credit union that had been a candidate to change its charter to that of a mutual bank.
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By Jim Rubenstein |
December 16, 2010
Tuesday's NCUA-engineered takeover of the failed Beehive Credit Union in Utah by a large Texas CU adds a new player to the state's financial landscape "and should be welcomed by Utah consumers."
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By David Morrison |
December 15, 2010
The $145 Beehive Credit Union, headquartered in Salt Lake City, formerly a candidate for a mutual bank charter, is no more.
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By David Morrison |
December 13, 2010
NCUA's Inspector General believes that the $145 million Beehive Credit Union, headquartered in Salt Lake City, Utah, has failed or will fail, but the state regulator disagrees.
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By David Morrison |
July 27, 2010
A credit union which applied for a federal mutual bank charter and then withdrew its application saw its net worth ratio fall to 1.21% in June.