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By Heather Anderson |
May 21, 2012
At first glance, Louisiana Corporate CU’s 2011 financial report shows an institution that increased total capital by $442,565 over the previous year, for a total of $8.9 million. However, the $218 million corporate will have to contend with $2.2 million worth of membership capital shares on notice.
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By Heather Anderson |
May 14, 2012
Alabama Credit Union Administrator Larry Morgan, who was chairman of the board for the $3.7 billion Corporate America Credit Union as recently as 2010, denied accusations that he has a conflict of interest acting as regulator on issues between the corporate and the NCUA.
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By Heather Anderson |
May 7, 2012
Is a personal feud between Corporate America Credit Union CEO Thomas Bonds, who took a leave of absence from his post last month, and NCUA Office of Corporate Credit Unions Director Scott Hunt the reason behind the delay in NCUA approval of a merger between the $3.7 billion Corporate America...
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By Heather Anderson |
May 4, 2012
ACUA Administrator Larry Morgan, who served as a volunteer for Corporate America, says no conflict acting as state regulator in issues with the NCUA.
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By Heather Anderson |
May 2, 2012
Correspondence between Alabama, federal regulators say OCCU Director Scott Hunt told Corporate America CEO to quit talking to media or the agency "would not support CACU."
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By Robert McGarvey |
April 15, 2012
Go big or go home. Those five words outline exactly what is happening with the proposed merger of $1.8 billion Warrenville, Ill.-based Alloya with $1.5 billion Southfield. Mich.-based CenCorp. It’s a marriage of corporate credit unions that, if approved by CenCorp members and regulators, will produce an entity with assets...
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By Robert McGarvey |
April 13, 2012
Proposed corporate merger would produce one of the nation's largest remaining corporate credit unions. Find out more in this preview from next week's print edition.
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By Robert McGarvey |
March 21, 2012
Alabama-based corporate to offer Smart Option Student Loan program to its credit union members.
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By Robert McGarvey |
March 19, 2012
Ask corporate credit union senior executives what keeps them up at night and for many, it’s whether they can grow their business.
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By Robert McGarvey |
March 5, 2012
LT to replace ACH services now coming from U.S. Central Bridge.