Bruce Fox

• CUEG in Confab With St. Louis Fed

  By Marc Rapport  |  April 10, 2013

  Credit Union Economics Group meets with Federal Reserve officials for 11th year.

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  JPMorgan Fiasco Echoes Corporate Credit Union Meltdown

  By Heather Anderson  |  May 21, 2012

  JPMorgan Chase’s $2 billion failed credit risk hedge is different than the investments that led to the corporate credit union crisis. However, there are also similarities, according to industry investment experts. Specifically, overleveraging and a drive for income that compromised risk management.

• Furbee to Lead Members United; NCUA Dismissed CEOs & Volunteers Only

  By Heather Anderson  |  September 27, 2010

  Charles Furbee, who retired from the Federal Reserve Bank of Chicago in March 2004, has been named CEO of the conserved Members United Corporate FCU.

• Southwest Corp Retains 90% Ambac Reliance

  By Heather Anderson  |  May 6, 2010

  The $10 billion Southwest Corporate FCU joined Corporate One FCU in deciding not to take any additional OTTI related to the Wisconsin insurance regulator's March 25 action against monoline insurer Ambac Assurance Corp.