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By Heather Anderson |
April 17, 2013
Louisiana Corporate Credit Union has emerged victorious from a decade-long suit involving the liquidation of National Century Financial Enterprises. The corporate, in an announcement last week, said it has agreed to a $600,000 settlement with Credit Suisse, the last remaining defendant in the securities fraud case.
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By Heather Anderson |
April 9, 2013
CEO David Savoie says 98% of losses recovered. Legal fees at 10% sharply lower than NCUA contingent fees.
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By Heather Anderson |
September 24, 2012
The $3.4 billion Corporate America Credit Union and the $185 million Louisiana Corporate Credit Union announced Sept. 17 that they have called off their merger plans.
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By Heather Anderson |
September 17, 2012
Corporate America Credit Union and Louisiana Corporate Credit Union announced late Monday they have called off their merger.
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By Heather Anderson |
July 16, 2012
Two member credit unions say they aren’t running for the exits at Corporate America Credit Union following the July 3 announcement that CEO Thomas Bonds had resigned from the $3.3 billion corporate. However, they expressed disappointment and concern that the maverick and charismatic leader will no longer lead the Irondale,...
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By Heather Anderson |
July 10, 2012
Members, merger partner stick around following last week’s announcement that CEO Thomas Bonds had resigned from the $3.3 billion corporate.
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By Heather Anderson |
May 21, 2012
At first glance, Louisiana Corporate CU’s 2011 financial report shows an institution that increased total capital by $442,565 over the previous year, for a total of $8.9 million. However, the $218 million corporate will have to contend with $2.2 million worth of membership capital shares on notice.
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By Heather Anderson |
May 14, 2012
Louisiana Corporate boosts capital while preparing payments exit from U.S. Central and awaiting merger with Corporate America.
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By Heather Anderson |
May 2, 2012
Correspondence between Alabama, federal regulators say OCCU Director Scott Hunt told Corporate America CEO to quit talking to media or the agency "would not support CACU."
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By Robert McGarvey |
March 19, 2012
In an era of participatory politicking when Facebook, Twitter and other digital tools can turn any citizen into a lobbyist, have traditional trade associations entered their twilight years?
