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.
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
NCUA was the object of more heat this week from an ad hoc group of 32 CEOs and credit union executives submitting a complaining petition to Congressional committees.
The new year has brought some changes at Callahan & Associates as Co-Founder/President Chip Filson has been elected to chairman and Bruce Mancinelli has been named interim CEO.
A law passed by Congress giving the NCUA the power to make payments to the Temporary Corporate Credit Union Stabilization Fund without borrowing from the Treasury sparked an industry discussion about the agency's assessment process.