Winning a legal battle against the NCUA is a long shot. So why waste industry resources on legal opinions?
Michigan credit union pays $24M to its members, surpassing last year’s $23M payout.
More than six weeks after nearly 3,300 members voted to change the cooperative's charter to a mutual bank, Monterey Credit Union has filed with the California Department of Business Oversight for that conversion.
California agency says it will proceed even though statutes are mum on credit union to bank conversions.
Move comes more than a month after members voted for the bank conversion.
The CEO of the nation's second largest credit union and a bank lobbyist join forces.
Ballot package reveals MCU's bank charter plans.
Private insurance could be an easy way out for credit unions wishing to become banks. But will the FDIC welcome them in?
Former state official says a California chartered credit union has never converted to a bank.
A 2011 opinion letter says state chartered credit unions could convert through a purchase and assumption transaction.