National Institute of State Credit Union Examination elects board members.
John Kolhoff, director of the Michigan Office of Credit Unions, has been elected chairman of NASCUS, the association said Monday.
At first glance, Louisiana Corporate CU’s 2011 financial report shows an institution that increased total capital by $442,565 over the previous year, for a total of $8.9 million. However, the $218 million corporate will have to contend with $2.2 million worth of membership capital shares on notice.
Louisiana Corporate boosts capital while preparing payments exit from U.S. Central and awaiting merger with Corporate America.
Correspondence between Alabama, federal regulators say OCCU Director Scott Hunt told Corporate America CEO to quit talking to media or the agency "would not support CACU."
Kenneth Feinberg, the Obama administration's claims czar on the BP oil spill, has now heard directly from Southeast credit unions that they're ready to provide check assistance to the victims and are hoping a loan guarantee plan can be set up.
Credit union executives joined by Gulf Coast regulators are slated to take part in an Aug. 30 workshop-webinar
Regulators from Gulf Coast states have been invited to participate in an industry-sponsored three hour/workshop/seminar Aug. 30 exploring examiner flexibility on BP oil spill loans to fishermen, boat operators, and small businesses.
Regulators in Louisiana are about ready to conduct a more formal, second survey of financial conditions impacting credit unions as a result of the BP oil spill, the state's top examiner, Sidney Seymour, said Thursday.