CEO Mark Patchak suspended as Wisconsin authorities investigate substantial irregularities at the $28.6M credit union.
DFI officials are investigating irregularities at the $28M Oshkosh Central CU. Two employees have been suspended.
Board Chairman Larry Anderson said $41M Cowlitz can't keep up with new regs and technology developments. The two credit unions share a history.
Colorado credit union CEO returns home to Wisconsin to fill deputy state regulator position.
Newly merged credit union would have combined assets of $600 million and serve 15 Wisconsin counties.
Three-way merger will create a $600 million credit union serving 47,000 members in 15 Wisconsin counties.
If the three largest state-chartered credit unions in California were to convert to federal charters, the state’s regulator would lose $1.7 million of its $7.2 million budget, leaving small and midsize state-chartered credit unions to subsidize that loss.
This preview from our Sept. 4 print edition looks at a new state law that should lower disproportionate fees for the largest credit unions in the state.
Illinois credit union chooses current COO Tom Lex as successor.
Only approval by the FDIC awaits final approval of the sale of the $190 million Wisconsin community bank to $2.1 billion Landmark CU.