-
By Heather Anderson |
May 21, 2012
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.
-
By Heather Anderson |
May 16, 2012
CEO Jim Blaine said nation's second-largest credit union is sound and that SECU "can't get a straight answer" from federal regulators.
-
By Heather Anderson |
May 16, 2012
State Employees' Credit Union chief says he disagrees with NCUA inspector general's findings in new report.
-
By Marc Rapport |
May 15, 2012
Office of Inspector General says regional chief did not make false statements about N.C.'s SECU following CEO Jim Blaine's disclosure of its CAMEL score.
-
By Jim Rubenstein |
April 27, 2012
North Carolina dual exams expected to be topic of Hike the Hill, NCUA visit on May 8-9.
-
By Michelle A. Samaad |
December 18, 2011
In the ongoing pursuit to recover alleged mismanaged funds, another lawsuit tied to the collapse of New London Security Federal Credit Union has been dismissed.
-
By Michelle A. Samaad |
December 22, 2010
The five members who are suing the NCUA for what they claim was negligence on the agency's part in the collapse two years ago of New London Security Federal Credit Union will have to wait to recover any monetary damages.
-
By Claude R. Marx |
December 15, 2010
Senators of both parties asked pointed, though not hostile, questions of NCUA Chairman Debbie Matz about how the agency dealt with the problems of corporate credit unions and whether the agency's examination procedures were adequate.
-
By Claude R. Marx |
December 1, 2010
WesCorp's management didn't manage risk well and invested too heavily in residential mortgage-backed securities, while NCUA examiners failed to "adequately and aggressively," address the risks.
-
By Claude R. Marx |
November 19, 2010
WesCorp's management didn't manage risk well and invested too heavily in residential mortgage backed securities while NCUA examiners failed to "adequately and aggressively" address the risks.
