Trades say no indication that credit union tax exemption on the firing line.
A lot of the scuttlebutt around the industry over the last couple of weeks has been about transparency and fiscal responsibility. Take for instance, the NCUA’s announcement that it’s cutting back on spending for its examiner education conference in Florida.
Parish retired in October 2011. IRS form also shows $3 million payouts to two other executives.
State Employees’ Credit Union said it helped nearly 65,000 North Carolina taxpayers save more than $8 million in preparation fees, claim more than $86 million in refunds this tax season.
A lot of the scuttlebutt around the industry over the last couple of weeks has been about transparency and fiscal responsibility.
The broadside by the Colorado Bankers Association appeared in a Denver newspaper this week and uses Public Service Employees CU exec's pay for attack on tax exemption.
After years on a regulatory watch list, NCUA and the California Department of Financial Institutions finally pulled the plug last week on the $318 million Telesis Community Credit Union, placing the Los Angeles-based credit union into conservatorship. The NCUA was appointed conservator, ending a troubled saga.
Seizure of California credit union puts focus on career of Grace Mayo, CEO and industry leader.
The NCUA said Friday night it has assumed conservatorship of Telesis Community Credit Union in California and liquidated Saguache County Credit Union in Moffat, Colo.
Payment to David Maus at $1.1 billion Public Service Employees CU in Denver represented retirement payout, credit union says.