Dale Dalbey

  • Ala. Conservatorship Ends

    The $184 million Mutual Savings Credit Union of Birmingham has emerged from state conservatorship by restoring profitability and fixing its balance sheet, according to the Alabama regulator Glenn T. Latham.

  • Alabama Ending Conservatorship of Mutual Savings CU

    Alabama's top credit union regulator said he will lift the year-old conservatorship of the $184 million Mutual Savings Credit Union now that the Birmingham CU has restored profitability and fixed its balance sheet.

  • Still in Conservatorship, Mutual Savings Records First-Quarter Profit

    The $183 million Mutual Savings Credit Union of Birmingham, Ala., placed into a controversial conservatorship by regulators a year ago, is on the mend and is recording a profit for the first quarter, president/CEO Douglas Key said last week.

  • Still in Conservatorship, Mutual Savings Eyes First Quarter Profit

    The once-failed $183 million Mutual Savings Credit Union of Birmingham, Ala. is on the fast track to recovery, said President/CEO Douglas Key.

  • Alabama Suit Settled

    Alabama's top regulator and the former CEO and board of the failed $193 million Mutual Savings Credit Union of Birmingham have settled their legal dispute although the CU remains under state conservatorship.

  • Suit on Failed Alabama CU Settled

    The legal clash from last October pitting Alabama's top regulator against the CEO and board of the $193 million failed Mutual Savings Credit Union of Birmingham, has been settled out of court, it was announced this week.

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