Credit Union Division

• North Carolina League Looks Askance at Joint Agency

  By Jim Rubenstein  |  December 10, 2010

  North Carolina's Democratic governor, Beverly Perdue, unveiled a broad downsize of state agencies but the North Carolina Credit Union League is telling its members it disfavors any notion of combining bank and CU regulation.

• Lake Michigan Credit Union Set to Take Over Ailing Citizens CU of Kalamazoo

  May 26, 2010

  Expanding its Michigan footprint, the $1.9 billion Lake Michigan Credit Union of Grand Rapids is merging the troubled $62 million Citizens CU of Kalamazoo giving the CU an entry into the Kalamazoo market.

• State Budget Cuts May Crimp Oversight; Arizona Down to Two State Examiners

  By Jim Rubenstein  |  May 26, 2010

  Crippling budget cuts have left Arizona with just two credit union examiners to handle 22 state-chartered CUs.

• Lake Michigan CU Merging Ailing Citizens CU

  By Jim Rubenstein  |  May 14, 2010

  The $1.9 billion Lake Michigan Credit Union is merging with the troubled $62 million Citizens CU of Kalamazoo, giving the Grand Rapids CU an expanded entry into the Kalamazoo market.

• Amid Budget Crisis, Arizona Now With Two State Examiners

  By Jim Rubenstein  |  May 11, 2010

  Arizona may have a new regulatory team to deal with banks and credit unions but the state has also had to face down a daunting budget crisis, which CU executives claim is hindering the examination process.