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By Jim Rubenstein |
December 2, 2011
There are currently 211 CUs in the state, down from 260 in 2007. Only two are federal credit unions.
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By Jim Rubenstein |
December 20, 2010
The $137 million Prime Financial Credit Union, once considered a failed Milwaukee CU and an early victim of the 2009 Central States Mortgage Corp. bankruptcy, has a new CEO, Christine Moczynski.
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July 28, 2010
In a consent order, the NCUA last week barred Richard Koenig, the former chairman of Central States Mortgage Corp., a bankrupt Milwaukee CUSO and ex-CEO of the $144 million Prime Financial CU of Cudahy, Wis., from further industry activities.
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By Jim Rubenstein |
July 20, 2010
Richard Koenig, the former chairman of Central States Mortgage Corp. a bankrupt Milwaukee CUSO and ex-CEO of the $144 million Prime Financial CU of Cudahy, Wis. has been barred from the industry by the NCUA under a consent order issued Thursday.
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May 26, 2010
Once considered a failed CU, the $144 million Prime Financial Credit Union of Cudahy, Wis., is back on its feet this month-pulled out of conservatorship by the state after a new management team and board restored "normal operations."
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By Jim Rubenstein |
May 6, 2010
Prime Financial Credit Union of Cudahy, Wis., once considered a failed CU, is back on its feet "as an independent" organization returning to normal operations.
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January 27, 2010
The $34 million First Service Credit Union of Milwaukee has become the latest victim of last year's bankruptcy of Central States Mortgage Corp., the Wauwatosa, Wis.. CUSO that got into trouble over subprime paper.
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By Jim Rubenstein |
January 5, 2010
Another Milwaukee credit union, the $34 million First Service, has fallen victim to last year's collapse of Central States Mortgage Corp., the CU-run CUSO that got into trouble over subprime paper.
