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By Heather Anderson |
April 10, 2013
The NCUA reported April 2 that it scored a $165 million win against Wall Street, reaching a settlement with Bank of America over residential mortgage-backed securities losses at failed corporate credit unions. Bank of America did not admit fault as part of the settlement, the NCUA said in a release.
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By Heather Anderson |
April 3, 2013
The $32 million Commodore Perry Federal Credit Union told Credit Union Times March 26 that it has withdrawn its exam appeal to the NCUA Board.
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By Heather Anderson |
April 2, 2013
Corporate collapse settlement totals now top $335 million, agency says. Lawyers to get $84 million. Corporate rescue assessment to be determined.
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By Heather Anderson |
March 27, 2013
Consumer writer focuses on joining PenFed through sponsored organization; ABA's Leggett cries foul.
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By Heather Anderson |
March 27, 2013
Small Ohio credit union says it will work with state's league and CUNA to further cause of examination reform.
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By Heather Anderson |
March 22, 2013
Congressional budget passed this week didn't include 7.5% planned NCUA hike for employee pay and benefits.
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By Heather Anderson |
March 8, 2013
Callahan & Associates Chairman Chip Filson said he questions a nearly $2 billion reduction in the NCUA’s Central Liquidity Facility stock reported in October when U.S. Central Bridge was liquidated. Filson also posted a blistering Feb. 28 opinion piece on the Callahan website questioning the NCUA’s financial transparency on the...
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By Heather Anderson |
March 7, 2013
Agency says it used $1.845 billion to pay out the failed corporate's largest liability. NCUA foe said it should have been kept separate.
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By Heather Anderson |
February 13, 2013
NCUA Chairman Debbie Matz has granted the $32 million Commodore Perry Federal Credit Union a 60-day extension on its Supervisory Review Committee appeal, according to President Tom Renz.
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By Heather Anderson |
February 13, 2013
The Federal Home Loan Banks want to be included in the NCUA’s pending final emergency liquidity rule, according to a Jan. 31 letter to NCUA Board Chairman Debbie Matz and Board Member Michael Fryzel signed by the 12 FHLB presidents.
