Vincas Urbaitis, a former board director of the now-shuttered Taupa Lithuanian Credit Union, said he has been doing a lot of thinking lately about how he and six board members were double-crossed by Alex R. Spirikaitis, their former CEO.
This preview from our Aug. 14 print edition looks at how board members of the failed credit union say they were misled by fugitive CEO.
Risk evaluation, insurance and bond solutions for directors and officers among services offered.
Corporate offers another NCUF investment.
Corporate One CEO confirms layoffs though not how many.
Southeast Corp didn’t meet its $75 million goal, but the amount members pledged - $68 million - was good enough for merger partner Corporate One.
Final step is meeting capitalization goal of $75 million.
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...
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.
Are your credit union’s pockets deep enough to satisfy the NCUA?