The email from the NCUA to current Western Bridge members summed it up. “The National Credit Union Administration Board awarded Catalyst Corporate Federal Credit Union (Catalyst) the exclusive right to acquire Western Bridge Corporate Federal Credit Union (Western Bridge).”
I know what I’m talking about at least half the time: my 2011 predictions were hit and miss. Like any other industry observer, they’re all educated guesses, and we’re even asked to speak about what we foresee. As the late Red Skelton is often credited with saying, “Give the people...
I know what I’m talking about at least half the time: my 2011 predictions were hit and miss.
NCUA awards Texas-based corporate "exclusive right to acquire" remains of WesCorp.
Here’s a news flash: The NCUA’s annual budget is a sound investment by credit unions to protect their bottom lines.
This opinion piece will be among the news, features, analysis and insight filling the pages of the next print edition of Credit Union Times.
Credit unions should set aside between 8 and 11 basis points for next year’s assessment to pay for the corporate credit union rescue, NCUA Chairman Debbie Matz advised last week.
The FDIC’s fund for insuring banks will have to pay out $19 billion because of bank losses over the next five years, a decline from the original estimate of $23 billion, the agency said last week.
NCUA Board member addresses NAFCU Congressional Caucus on Tuesday, invokes FDR at Mayflower Hotel.
Sarah Snell Cooke’s column, “Parsing the Possible Harm Awaiting NCUSIF” (Aug. 17 issue) presents some unfounded extrapolations about potential losses to the NCUSIF. The column simply took the assets of all CAMEL 4 and 5 credit unions, assumed they would all fail and applied the average loss ratio of 17%...