• CU Sues Lehman

    A bankruptcy court is scheduled to hear a case between the $1.2 billion Evangelical Christian Credit Union and Lehman Brothers Inc. on a foreclosed property in limbo as the investment firm revises its Chapter 11 bankruptcy plan.

  • PSECU Takes Long, Steady Path Toward Political Clout

    Since the earliest days of American history, concerns about tax policy have prompted individuals and groups to express their opinions, sometimes in dramatic ways. The Pennsylvania State Employees Credit Union has never dumped tea into a harbor, but its political awakening began when Congress considered imposing taxes on credit unions.

  • McKechnie Reflects On Tenure

    John McKechnie began his first day on a Delaware beach in the summer of 2008 reading a front-page story in The Wall Street Journal about the serious financial problems facing some of the corporate credit unions.

  • New Chief CU Regulators in Iowa, Alabama

    The former chair of the NCUA, JoAnn Johnson, is going back to supervising credit unions. Johnson was named last week by Iowa Gov. Terry Branstad as the state's new superintendent in the Iowa Division of Credit Unions.

  • Johnson Optimistic About Iowa CU Climate

    Former NCUA Chair JoAnn Johnson, slated to become Iowa's top credit union supervisor next week, said Wednesday she is prepared to field some tough questions about excessive regulation, but she also contends industry conditions remain quite positive.

  • Iowa Governor Picks Johnson, Ex-NCUA Head, as Chief State Regulator

    The former chair of NCUA, JoAnn Johnson, was nominated Tuesday by Iowa Gov. Terry Branstad as superintendent of the state's Division of Credit Unions.

  • U.S. Central Suit Awaits Judge's Determination

    The fate of Corporate America Credit Union's securities fraud lawsuit against former U.S. Central Federal Credit Union executives and volunteers is now in the hands of an Alabama federal judge: the Hon. Inge Johnson.

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