League to pay ousted CEO $3,930 in unreimbursed business expenses.
Christopher Johnson tells CU Times why he thinks he was fired from the Idaho league after just five months.
First New York Federal Credit Union, Colonie, N.Y., welcomed James Alescio as the company’s controller. Alescio is a graduate from Bentley University with an accounting degree. Before joining First New York, he worked at Trinity Alliance of the capital region and brings 15 years of banking experience to the credit...
From East and West, Midwest and South, credit union people in the news.
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.
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.
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."
The $145 Beehive Credit Union, headquartered in Salt Lake City, formerly a candidate for a mutual bank charter, is no more.
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.
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.