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By Robert McGarvey |
August 27, 2012
Call CEO pay the credit union governance hot potato. “This is certainly an increasingly hot topic,” said attorney Michael Lozoff, chair of the credit union practice at Shutts and Bowen in Miami.
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By Robert McGarvey |
August 20, 2012
Governance questions may not get more visceral – who makes the biggest decisions at a credit union?
The question is easy to ask, but for some, it can be bafflingly hard to answer.
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By Heather Anderson |
August 20, 2012
Credit union consultant, blogger and Capitol Hill veteran Marvin Umholtz said the nation’s growing political divide is apparent among credit union leaders and fuels comments he receives from his readers and colleagues.
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By Heather Anderson |
August 15, 2012
CUNA has been receiving feedback regarding league endorsements and PAC donations that reflect divide, said President/CEO Bill Cheney.
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By Heather Anderson |
July 2, 2012
The Temporary Corporate Credit Union Stabilization Fund made progress against legacy asset losses in 2011, improving the fund’s net position from 2010, according to audited financial statements released by the NCUA. The fund also received a clean report from outside auditors.
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By Heather Anderson |
July 2, 2012
California Credit Union League President/CEO Diana Dykstra said she’s upset about a string of lawsuits in her state accusing credit unions of unfair and illegal overdraft practices. And she accused attorneys in the state of “fishing for members.”
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By Heather Anderson |
June 26, 2012
CUSO CEO's comments about suits against California credit unions accused of ordering transactions to maximize overdraft fees.
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By Heather Anderson |
April 15, 2012
Former credit union lobbyist Marvin Umholtz said the industry shouldn’t fear a new banker super PAC, saying the Friends of Traditional Banking PAC, will function “more like a scalpel than a battle axe.”
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By Robert McGarvey |
April 15, 2012
Go big or go home. Those five words outline exactly what is happening with the proposed merger of $1.8 billion Warrenville, Ill.-based Alloya with $1.5 billion Southfield. Mich.-based CenCorp. It’s a marriage of corporate credit unions that, if approved by CenCorp members and regulators, will produce an entity with assets...
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By Robert McGarvey |
April 13, 2012
Proposed corporate merger would produce one of the nation's largest remaining corporate credit unions. Find out more in this preview from next week's print edition.
