More than a week after Space Coast Credit Union announced its mortgage securities lawsuit against several Wall Street banks, a judge ordered mediation.
Some of the country’s biggest firms were ranked behind credit unions by investors describing their overall customer experience.
The $3 billion Space Coast Credit Union recently filed suit against Merrill Lynch, Wachovia Capital, Barclays Capital, Lehman Brothers’ former CEO Richard Fuld and major U.S. credit rating agencies, Standard & Poor’s and Moody’s, alleging that the defendants caused more than $100 million in losses to Eastern Financial Florida...
When it comes their overall customer experience, some investors ranked credit unions higher than several of the country’s biggest firms.
Doug Samuels, president/CEO of Space Coast Credit Union, knows its mortgage securities suit against several Wall Street giants may be an arduous undertaking.
Florida CU names Wells Fargo, J.P. Morgan, Merrill Lynch and others for creating phony demand for residential mortgage loans.
Changes that began to surface in the wealth management realm in 2008 are expected to be realized this year.
John Larry Gathright accused of spending client money on hunting trips and watercraft.
After more than 20 years of meeting members’ investment needs, Bethpage Federal Credit Union was ready for a program upgrade.
The nation's largest ethnically based credit union has hired on a former banker as CEO.