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By Heather Anderson |
March 27, 2013
The NCUA’s Inspector General blamed Telesis Community Credit Union’s former management and board as well the NCUA and California Department of Financial Institutions for the Chatsworth, Calif.-based institution’s failure in a material loss review released March 20.
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By Peter Strozniak |
March 22, 2013
Only approval by the FDIC awaits final approval of the sale of the $190 million Wisconsin community bank to $2.1 billion Landmark CU.
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By Heather Anderson |
March 21, 2013
New report cites CEO's aggressiveness and risk-taking, compliant board, lax oversight in California credit union failure.
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By Heather Anderson |
March 21, 2013
OIG says agency should amend capital rules to reflect higher risk in member business loan portfolio.
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By Peter Strozniak |
March 20, 2013
Landmark has completed 10 credit union mergers in the past three years. This is its first acquisition of a bank.
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By Heather Anderson |
March 20, 2013
ALEXANDRIA, Va. — The NCUA Board approved a new proposed rule–sort of–during its March 14 monthly meeting.
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By Michael Fryzel |
March 20, 2013
Although I never actually checked, my guess is that the great majority of lawsuits that are filed seeking money damages never go to trial. Instead, they are settled between the parties out of court.
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By Heather Anderson |
March 14, 2013
ALEXANDRIA, Va. — NCUA Board says helping credit unions comply is focus of change in proposed rule.
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By Heather Anderson |
March 8, 2013
March 14 meeting also includes possibly lifting cap on fixed asset investments.
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By Sarah Snell Cooke |
March 8, 2013
During the Governmental Affairs Conference, Chip Filson announced his intention to seek an NCUA Board seat, which was the culmination of speeches and online postings criticizing the NCUA’s activities throughout the financial and corporate crises. He has launched a petition designed to force President Obama to consider him as a...
