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By Heather Anderson |
January 4, 2013
Confidential deal with former WesCorp CFO wraps up cases against former officers of collapsed corporate.
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By Robert McGarvey |
July 31, 2011
The blockbuster credit union trial of the summer won’t happen. That is the news out of Birmingham, Ala., as word circulated that the headliner suit filed by Corporate America against an all-star roster of credit union luminaries who had been officers and directors of failed U.S. Central has been settled...
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By Michelle A. Samaad |
December 8, 2010
Mortgage lending CUSO CUMAnet Inc. has named Joseph Herbst at its new president.
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By Michelle A. Samaad |
December 2, 2010
As the newly tapped president of CUMAnet, Joseph Herbst said one of his goals will be to increase the mortgage CUSO's national footprint and maximize operational efficiencies for future growth.
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By Michelle A. Samaad |
November 30, 2010
Joe Herbst, the former CEO of the conserved Members United Corporate Federal Credit Union, has been named the new president/CEO of CUMAnet LLC.
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By Jim Rubenstein |
October 6, 2010
The decision-making process began in earnest last week among credit union managers and the leaders of state leagues on the next step in dealing with possible alternate vendors for wholesale services as a result of the corporate seizures.
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By Heather Anderson |
September 20, 2010
The $9 billion Members United Corporate FCU announced in a letter to members Sept. 17 it would deliver pink slips to 27 employees, most of whom will leave the organization during the next 30 days.
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By Heather Anderson |
September 10, 2010
Members United is soliciting participants for two private member meetings this month in which the $8 billion corporate will gather feedback on its preliminary strategic, business and capital plans.
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By Heather Anderson |
July 1, 2010
The NCUA announced today it has served 18 former U.S. Central FCU directors and officers with demand letters, alleging their breach of fiduciary duty contributed to the failed corporate's losses.
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March 31, 2010
Be careful who you listen to on corporate network regulation.