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.
BOSTON — NCUA Chairman Debbie Matz made the announcement during her general session address at NAFCU’s 46th Annual Convention in Boston.
Federal judge in Kansas City cites statute of limitations in corporates collapse case.
Rule was first proposed in December 2011 and first iteration would limit participations from a single originator to 25% of net worth.
A Philadelphia-area credit union manager’s retrial on theft charges, originally scheduled for June 3, was postponed to June 27, according to the Montgomery County Deputy District Attorney Steven Latzer.
Case continues for UFCW Local 1776 ex-manager Anne Clyburn, fired in 2007 and charged with unauthorized raises, improper expenditures.