Former state official says a California chartered credit union has never converted to a bank.
Those who help credit unions turn into banks say business is picking up.
It was more than five years ago – March 2009 – when the NCUA seized WesCorp and U.S. Central, and thus began a shakeup that would completely redraw the map of corporate credit unions and their spokes. That story has been told, extensively, in CU Times.
Catch up with three former corporate leaders: Thomas Bonds, Francois Henriquez and Brian Hague.
Learn the latest on how credit unions are preparing to comply with the rule, including a recent clarification from the NCUA.
In line with a revised NCUA rule, certain federally insured credit unions must amend their CUSO contractual agreements before the June 30 effective date.
NCUA Board Member Fryzel responds to a recent CU Times column bemoaning Washington and rulemaking.
Only credit union-CUSO deals that involve an investment or outstanding loan must amend contractual agreements.
According to Federal Judicial Center data, Fair Labor Standards Act suits are up 237% in just 10 years.
The Maryland|DC Credit Union Association signs Norfolk, Va.-based law firm to provide education to member credit unions.