Find out which of the nation's five largest credit unions support making their results public.
The nation's five largest credit unions debate whether their stress test results should be made public.
The $674 million St. Mary's Credit Union appointed Larissa C. Thurston as CFO and SVP of finance. Prior to joining the Marlborough, Mass.-based cooperative, Thurston served as vice president and controller of the Bank of New England in Southern New Hampshire.
It was George E.P. Box, the eminent statistician, who said, “Essentially, all models are wrong but some are useful.”
Read about the credit union industry's latest new hires, promotions and other career milestones in this week's People.
Each of the four there now have assets exceeding that of the Share Insurance Fund, NCUA Chair Matz notes.
BECU Trust Co., a subsidiary of the $11.5 billion Boeing Employees Credit Union in Tukwila, Wash., has merged into the MEMBERS Trust Co. in Tampa, Fla.
Merger was completed July 1 and announced this week.
NASHVILLE, Tenn. — NCUA resources are being disproportionately applied to small credit unions and skimping on large credit union supervision, NCUA Chairman Debbie Matz told NAFCU’s annual conference attendees during her general session address July 24
NASHVILLE, Tenn. — Effective Jan. 1, NCUA’s Office of Corporate Credit Unions will reorganize into a new Office of National Examinations and Supervision.