Michael Lozoff

  • Speed Vows Not To Fade Away

    Call Ed Speed, CEO of $1.8 billion Texas Dow Employees Credit Union in Lake Jackson, Texas, a maverick. That is a reputation he has won as he has pulled his institution out of credit union industry mainstays such as CUNA and the Texas league.

  • The Day the NCUA Demanded CU Directors Smarten Up

    The tough NCUA financial literacy requirements for credit union volunteer directors came as a loud wake-up call on Jan. 27, 2011. And the provision came with a requirement that all new directors had to gain financial literacy within six months of their election.

  • Director’s Handbook: New Rules, New Times

    Call the NCUA suit against WesCorp’s outside directors the warning shot that, whether the NCUA wins or loses that case, makes clear one fact. Serving on a credit union board involves risks, responsibilities, accountability and losses when the job is not done well.

  • CU Lawyers Switch Firms

    Florida lawyers Bruce Boiko and Michael Lozoff are now part of the financial services industry practice of the Miami law firm Shutts & Bowen.

  • How to Deal With NCUA's Stronger, Proactive Enforcement

    With a sharp increase in CAMEL 3, 4 and 5 credit unions, the NCUA has said it will ask its examiners to redouble their efforts to detect problems early on.

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