Vincas Urbaitis, a former board director of the now-shuttered Taupa Lithuanian Credit Union, said he has been doing a lot of thinking lately about how he and six board members were double-crossed by Alex R. Spirikaitis, their former CEO.
This preview from our Aug. 14 print edition looks at how board members of the failed credit union say they were misled by fugitive CEO.
The clock is ticking for the filing of arguments in the appeal of the NCUA vs. Barclays Capital, a case that had been thrown out by U.S. District Judge John W. Lungstrum in Kansas.
CUNA and the Chip Filson-led Co-Ops for Change may be singing off different song sheets, but the chorus is the same: The corporate assessment era should end.
Aug. 28 deadline now for filing of opening briefs in appeal of dismissal of NCUA suit against British investment bank.
An auto loan portfolio worth $463 million and vehicle lending as a core product for over 50 years were factors that put Mission Federal Credit Union ahead of the pack during the bidding process for Autoland Inc.
On July 12 during a general session at NAFCU’s Annual Conference in Boston, NCUA Chairman Debbie Matz revealed some new details regarding a rule under development that would increase net worth requirements for credit unions with more than $50 million in assets.
This preview from next week's print edition takes an in-depth look at Mission FCU's acquisition of the Autoland CUSO.
Cleveland credit union brags of 5-star rating on its website; Ohio DFI liquidates. NCUA numbers good.
Judge Wu says agency waited too long to file claim over failed securities, same reason Kansas City case was dismissed.