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By Heather Anderson |
May 14, 2012
The NCUA-managed Arrowhead Central CU added some padding to its well-capitalized status, reporting 7.69% net worth as of March 31, and a $7 million first quarter net income.
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By Heather Anderson |
May 3, 2012
Arrowhead Central Credit Union financials rebound under NCUA oversight.
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By Michelle A. Samaad |
July 24, 2011
At one point, the high-flying commercial lending CUSO formed through Eastern Financial Florida Credit Union funded more than $200 million in business loans and served dozens of credit unions nationwide.
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By Jim Rubenstein |
December 22, 2010
There were plenty of high-profile merger deals in 2010 highlighted by big West Coast combinations accompanied by voluntary and involuntary consolidations plus conservatorships.
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By Jim Rubenstein |
December 8, 2010
Arrowhead Central Credit Union, an NCUA conservatorship that has been shrinking for months, is now closing eight of its California branches by year end.
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By Jim Rubenstein |
December 2, 2010
The yearend closing of eight branches of Arrowhead Central Credit CU including six in a California supermarket chain rekindled this week the local dispute over last June's NCUA conservatorship.
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By Heather Anderson |
August 4, 2010
The $808 million Arrowhead Central Credit Union's June 30 call reports, released by the NCUA July 22, show a $1.45 million net loss, primarily due to an increase in loan-loss provisioning from $6 million as of March 31 to nearly $19 million.
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By Heather Anderson |
July 30, 2010
Larry Sharp, fired by the NCUA two weeks ago after his credit union was seized June 25, already has a new job.
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By Heather Anderson |
July 26, 2010
Former Arrowhead Central Credit Union President/CEO Larry Sharp said the NCUA refused four consecutive net worth restoration plans because Arrowhead management was "too optimistic" in its forecasting.
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By Heather Anderson |
July 26, 2010
The NCUA today confirmed reports that seized $808 million Arrowhead Central Credit Union laid off 27 employees Friday.
