Douglas Key

• Mutual Savings CU Uses Annual Confab to Tout Turnaround

  By Jim Rubenstein  |  April 21, 2011

  Failed Alabama CU says work remains on soured loans but organization is back in black.

• Ala. Conservatorship Ends

  July 28, 2010

  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

  By Jim Rubenstein  |  July 15, 2010

  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

  April 14, 2010

  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

  By Jim Rubenstein  |  April 6, 2010

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