Melissa Wardell

• Furbee to Lead Members United; NCUA Dismissed CEOs & Volunteers Only

  By Heather Anderson  |  September 27, 2010

  Charles Furbee, who retired from the Federal Reserve Bank of Chicago in March 2004, has been named CEO of the conserved Members United Corporate FCU.

• Auditor Doubts SW Corp's 'Ability to Continue'

  By Heather Anderson  |  May 6, 2010

  Accounting firm Crowe Horwath put an asterisk on its audit approval of Southwest Corporate FCU's 2009 annual report, and it wasn't the usual exception that member capital shares should be reported as liabilities instead of equity.

• Southwest Corp Retains 90% Ambac Reliance

  By Heather Anderson  |  May 6, 2010

  The $10 billion Southwest Corporate FCU joined Corporate One FCU in deciding not to take any additional OTTI related to the Wisconsin insurance regulator's March 25 action against monoline insurer Ambac Assurance Corp.

• Corporates Release Year-End Numbers

  By Heather Anderson  |  February 10, 2010

  At least five corporate credit unions had posted their unaudited December month-end financial statements online as of press time.