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By Heather Anderson |
September 27, 2010
Charles Furbee, who retired from the Federal Reserve Bank of Chicago in March 2004, has been named CEO of the conserved Members United Corporate FCU.
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By Heather Anderson |
June 23, 2010
CO-OP Financial Services' acquisition of Members United Corporate FCU's SHARE SYSTEM ATM and debit card program is complete, the two organizations announced today.
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By Heather Anderson |
April 28, 2010
Monoline insurer Ambac's forced restructuring could cost corporate credit unions as much as $400 million in new OTTIs.
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By Heather Anderson |
April 7, 2010
The Wisconsin-based monoline insurer subsidiary of Ambac Financial Group has restructured its residential mortgage-backed securities guarantees into a separate,
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By Heather Anderson |
March 29, 2010
Ambac Assurance Corporation announced it restructured its residential mortgage backed securities guarantees into a separate "segregated account" after the Wisconsin Insurance Commissioner successfully petitioned to take control of the fund.
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By Heather Anderson |
March 17, 2010
NCUA officials have repeatedly said they want credit unions to determine the future structure of the corporate system.
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By Heather Anderson |
January 13, 2010
The $8.35 billion Members United Corporate Federal Credit Union released its 2008 audited financial statements Dec. 31, along with the good news that auditors McGladrey & Pullen LLP didn't turn up any new losses that had not been recorded in 2009.
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By Heather Anderson |
January 4, 2010
Owners of the $8.35 billion Members United Corporate Federal Credit Union can put their 2008 financial reports to bed now that the Warrenton, Ill.-based cooperative released its 2008 audited financial statements Dec. 31.