Detroit's Amez United CU had 158 members and $168,865 in assets, and a lot of delinquent loans.
After the Berlin Wall came down, Congress decided to cash in the peace dividend and began closing military bases. One of the bases that closed was our primary sponsor, McClellan Air Force Base. We decided to convert to a community field of membership
California credit union CEO questions NCUA's ability to examine fairly, calls for Congress to give credit unions an independent insurer.
Credit unions are financial pillars of their respective communities. They are small businesses. Many credit unions serve small businesses and are looking for ways to start or beef up business lending programs.
Get together and use social media, flash mob idea to support member businesses and the members they support.
Outside auditors give NCUSIF, CLF, operating and Community Development Revolving Loan funds' financial reports a clean bill of health.
Chairman Debbie Matz noted upcoming proposals at NAFCU session in September.
Chairman Debbie Matz has said to expect corporate rescue assessment of 8 to 11 basis points.
If Congress allows credit unions to make more business loans, the industry can expect even more supervision from the NCUA.
Proposed rule lets NCUA assistance to a troubled or acquiring credit union to count as regulatory net worth.