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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.
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By Robert McGarvey |
January 31, 2012
As discussion of the impacts of NCUA’s recent memo outlining termination dates for various services offered by U.S. Central Bridge grows in the industry, one deadline has generated heated discussion–and worries–on the part of some credit union leaders. That is auto settlement, a comparatively obscure wholesale settlement service where U.S....
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By Robert McGarvey, Claude R. Marx |
December 18, 2011
And then there were 16. That is the current count of corporate credit unions, after a year where all the institutions faced an Oct. 20 NCUA deadline to qualify as “adequately capitalized” per the regulator’s calculus.
