National Cooperative Bank executive calls banks' BSA reasons for dumping credit unions "an excuse."
Corporate offers another NCUF investment.
CUNA has named Mike Mercer, president/CEO of Georgia Credit Union Affiliates, its new board chairman.
Mike Mercer, president/CEO of Georgia Credit Union Affiliates, has been named chairman of CUNA.
The Aug. 31 deadline for capitalizing – a date self-imposed by multiple corporate credit unions – is here. Who’s left standing? Who is folding?
No new entity to be created; service to be offered to Iowa credit unions only.
The head of Alabama-based Corporate America Credit Union, Thomas D. Bonds, is speaking out this week on recent corporate developments, venting some strong views and projections.
With its corporate planning a wind down in 2011, Iowa credit unions took the first step last week in confronting the fallout from NCUA's corporate restructuring by signing a preliminary
Iowa credit unions cautiously congratulated themselves Thursday for handling the corporate dilemma by linking up with the National Cooperative Bank.
This isn't a rehashing of the corporate credit unions' problems or legacy assets or placing blame. We'll learn about the agency's plans for the legacy assets soon enough (though it has been some time coming). This is about the discovery of next steps.