CAMELs aren’t usually a source of controversy in a place known for basketball and tobacco. At issue is the NCUA’s fight with state regulators over the release of the CAMEL rating of State Employees Credit Union.
The NCUA says it's protecting the system. Critics say the agency is protecting itself. Check out this print preview from next week's print edition of Credit Union Times.
Audits typically are prosaic matters, filed by accountants, read by accountants and swiftly forgotten. Not so the recent audit of NCUA’s Temporary Corporate Credit Union Stabilization Fund, announced by the agency on Dec. 27, a day when many are on vacation.
Callahan & Associates named Omaha businessman Sean Hession as the new president/CEO of the analytical services and data provider. And the firm said it is “transitioning ownership of the company to its management team.”
Omaha businessman Sean Hession takes over as Washington, D.C., analysis, data firm "transitioning ownership" to management team.
Consultant hired to lead search for permanent replacement for Chip Filson, chairman since January.
When it comes to loan originations, it appears credit unions are seeing a glimmer of hope in their portfolios.
According to this month’s Callahan Report, credit unions helped out the U.S. economy last year by supporting or creating more than 908,800 jobs.
Central Liquidity Facility. It sounds like a conveniently located swimming pool for bureaucrats. It is not that, but what it is is misunderstood–even inside the credit union industry–and right now a debate is starting about the CLF’s role as the industry restructures.
Callahan & Associates President Chip Filson tells president that CUs are important beyond numbers, defends tax exemption