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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.
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By Heather Anderson |
July 22, 2010
June 30 call reports for the $808 million Arrowhead Central CU, released late yesterday by the NCUA, reveal the institution was running at a $1.45 million loss shortly after its June 25 conservatorship.
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By Sarah Snell Cooke |
July 14, 2010
The NCUA announced Wednesday evening that it has relieved four former Arrowhead Central Credit Union employees of their duties.
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By Heather Anderson |
July 7, 2010
The controversy over whether or not the NCUA was justified when it seized the $876 Arrowhead Credit Union
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By Heather Anderson |
June 30, 2010
Interim President/CEO of the California and Nevada Credit Union Leagues David Chatfield told Credit Union Times today he thinks the NCUA seized the $876 million Arrowhead Credit Union because someone in the agency "had an axe to grind."
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By Heather Anderson |
June 25, 2010
The $876 million Arrowhead Central Credit Union was seized this afternoon by the NCUA and placed into conservatorship.
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By Jim Rubenstein |
March 31, 2010
In separate moves, two of the struggling sand state credit unions, the $851 million Arrowhead Central CU in California and the $370 million AEA FCU of Yuma, Ariz., found themselves suffering more of the recession's fallout this month.
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By Jim Rubenstein |
March 18, 2010
The troubled $851 million Arrowhead Credit Union of San Bernardino, Calif. is selling off five of its branches to the $3.9 billion Alaska USA FCU, it was announced Thursday.
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By Jim Rubenstein |
March 18, 2010
As part of its cost-cutting over the last year, ailing Arrowhead Central Credit Union has cut its staff by a fifth to 400 and has shrunk its loan portfolio "way down" in three areas-autos, home equity and RVs, said Larry Sharp, president/CEO.
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By Michelle A. Samaad |
March 17, 2010
Nearly eight years after the $851 million Arrowhead Credit Union bought a firm to bring a plethora of insurance services to its membership, it recently announced that losses and lackluster profits led to the cooperative selling the subsidiary.
