Come Sunday, pews across America fill with parishioners seeking a spiritual uplift as pastors share sermons to help congregations make it through another week.
This preview from our July 31 print edition looks at the risks of financing church real estate.
For some credit unions and CUSOs, the newly approved changes to the loan participation rule are apt to leave a bittersweet residue within their business loan portfolios.
Against a backdrop of a groundswell of support to expand business lending authority, one outcome is becoming an unfortunate black eye on those efforts.
The timing of criticism toward a regulatory proposal to limit loan participations to a certain percentage of a credit union’s net worth with the takeover of a California cooperative heavily steeped in the transactions may have created an ironic overlap.
How much risk is too much is just one of the questions looked at in this preview article from next week's print edition.
With the recent takeover of Telesis Community Credit Union, the intricacies of the loan participation transaction are in the spotlight.
First, Bauer Financial already risk rates credit unions for free. Any member can check it out. Second, slippery slope. Once people start releasing this information, those that don't will be suspect of hiding something.
In this Print Preview from our Feb. 29 issue, credit union people answer this question: "Should CAMEL ratings be disclosed?"
Michael Gudely said he is aware that his position on a new proposal that that would essentially change how credit union service organizations are monitored may go against the grain