North Carolina program helps fund loans that provide a second chance at repayment for borrowers who have defaulted on federal student loans.
Credit union will buy up to $25 million in federally guaranteed student loans from state agency in program that gives defaulters another chance.
An NCUA Office of Inspector General’s investigative report revealed that the federal regulator questions the safety and soundness of the $25 billion State Employees’ Credit Union, the nation’s second largest.
State Employees' Credit Union chief says he disagrees with NCUA inspector general's findings in new report.
If nothing’s wrong, there should be nothing to hide, CEO Jim Blaine said of his credit union’s decision to publicize its CAMEL score.
The nation’s second-largest credit union said it is publicly disclosing its CAMEL score as a show of transparency to its 1.7 million members.