The NCUA has been working behind the scenes to divest the former Telesis Community Credit Union's roughly $4 million stake in Autoland.
I read with great interest Edward Speed’s Guest Opinion [July 18 issue, page 12]. I appreciate Speed sharing his thoughts about regulators, trade associations, CUSOs and business lending. We need to dialog about the issues we face so that collectively we can make the right decisions.
One of the things I remember growing up was the monthly newsletter my parents would receive from our congressman, the late Edward J. Derwinski. He would end each correspondence with the saying, “Remember, no one wielded a scepter more powerful than a person who picks up a pencil to write...
The NCUA’s proposed rule that would allow it to declare state-chartered federally insured credit unions in “troubled condition” is the latest move by the federal regulator that has some state- chartered credit unions and their regulators crying foul.
Proposed NCUA "troubled condition" rule has some state-chartered credit unions, their regulators crying foul. Get the story early in this week's print preview.
How words are banned, CUSOs are regulated and board members are and aren't appointed are some examples of a world gone mad.
I was galled at the childishness of bankers in Vermont putting the regulator up to blocking a credit union from using the term “banking” in its marketing materials, and the state regulator for his, at best, naiveté. Readers had the same reaction as you can see from the comments posted...
One of the stated reasons for Texas Dow Employees Credit Union leaving CUNA was our disappointment with the unending vitriolic attacks on credit union regulators that seem to dominate every meeting.
Despite recent activity, the NCUA has said it is not in the business of pushing mergers in 2012. According to an agency spokesman, there is “an upsurge in mergers this year which is likely due to the ability of continuing credit unions to assume the responsibilities associated with mergers as...
Keep an eye on these hot little numbers coming down the credit union runway this season. It could help your institution become the next top credit union.