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By Robert McGarvey |
June 5, 2011
Editor's Note: This is a corrected version of the article that was published in the June 8, 2011, edition of Credit Union Times.
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By Robert McGarvey |
May 24, 2011
Rumors swirled Monday that U.S. Central Bridge had tumbled deep into a “liquidity crisis,” as one Credit Union Times source put it.
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By Robert McGarvey |
April 27, 2011
Accept this reality: How corporate credit unions were will not be again, at least not soon.
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By Jim Rubenstein |
April 6, 2011
It now looks like it could take until the third quarter for the Iowa Credit Union League, its processing affiliate and the National Cooperative Bank of Washington to finalize a plan to dissolve Iowa Corporate Central Credit Union and morph its correspondent services into the bank.
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By Robert McGarvey |
March 2, 2011
There may be no more contentious question in the typically placid world of credit unions than this: How many corporate credit unions are needed to keep the system smoothly functioning? And that leads to the allied question: Do we need any corporates at all?
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By Robert McGarvey |
March 2, 2011
No conversation about the future of corporate credit unions goes very far before an ugly question intrudes. Isn’t it time to extinguish corporates entirely and turn the correspondent service work over to banks?
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By Jim Rubenstein |
February 9, 2011
Former NCUA Chair JoAnn Johnson, slated to become Iowa's top credit union supervisor next week, said Wednesday she is prepared to field some tough questions about excessive regulation, but she also contends industry conditions remain quite positive.
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February 9, 2011
If a federal credit union offers services such as lines of credit, share-draft processing, check collection, ACH origination and receipts to its members, it can also provide them to other credit unions.
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By David Morrison |
February 4, 2011
The NCUA has added several correspondent services to the list of incidental powers that federally chartered credit unions have.
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February 2, 2011
Immediately after Louisiana Corporate Credit Union announced its intention to explore a merger with Corporate America Credit Union, CU Times Correspondent Robert McGarvey got Louisiana Corporate's CEO David Savoie on the phone for a candid conversation.
