Columbus, Ohio, corporate names local CEO as its new chair.
When Jim Riederer, CEO of CME Federal Credit Union in Columbus, Ohio, read the draft NCUA regulations pertaining to equitable distribution of corporate stabilization expenses, he could feel his anger rising.
Jeep Country Federal Credit Union of Holland, Ohio, has become the 100th to sign on with the Smart Option Student Loan referral program offered by Corporate One Federal Credit Union since June through Sallie Mae.
Corporate One Federal Credit Union will now be offering its credit union clients item image aggregation and settling services through software from VSoft Corp. of Atlanta.
The $3.7 billion Corporate One Federal Credit Union is placing full reliance for repayment on monoline insurer Ambac Assurance Corp, bucking the trend of other corporates who have recorded OTTIs on affected securities.
Although it was not ready to name the 12 members of its "Next Steps" corporate working group at press time, CUNA officials did say it will include several members of its corporate credit union task force, as well as some new selections.
Corporate One Federal Credit Union has begun offering investment products and other securities-related services from Pleasant Ridge, Mich.-based broker-dealer Multi-Bank Securities Inc.
NCUA officials have repeatedly said they want credit unions to determine the future structure of the corporate system.
Count the $3.3 billion Corporate One Federal Credit Union among those who disagree with CUNA's Corporate Credit Union Task Force and Members United Corporate Federal Credit Union.
At least five corporate credit unions had posted their unaudited December month-end financial statements online as of press time.