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By Claude R. Marx |
November 6, 2011
The NCUA has failed to prove that J.P. Morgan Securities the firm made “material misrepresentations” to the corporate credit unions when selling them residential mortgage-backed securities, according the firm’s court filing. And with that J.P. Morgan asked a federal judge to dismiss the agency’s June lawsuit against it.
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By Claude R. Marx |
November 1, 2011
Investment house says it informed corporates of risk.
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By Sarah Snell Cooke |
October 10, 2011
Technology CU members will determine what they want in their CU's future; Bank of America has fiduciary duty to recoup interchange losses.
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By David Morrison |
October 10, 2011
The board of directors of $1.5 billion Technology Credit Union has written the CU's 74,000 members that they may be better served by converting the credit union to a bank.
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By Sarah Snell Cooke |
October 10, 2011
When Technology Credit Union posted its announcement that it was exploring a conversion to a mutual savings bank, CUNA and the California Credit Union League made some noise. CUNA CEO Bill Cheney said his organization feels credit unions are the best providers of service to consumers.
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By David Morrison |
October 4, 2011
California league, CUNA CEO's express misgivings about Tech CU proposed conversion to bank.
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By Natasha Chilingerian |
October 3, 2011
Now that the deadline for the Durbin amendment interchange cap to take effect has passed, financial institutions are continuing to develop ways to offset lost interchange revenue. One solution? Raise fee income by making debit and ATM transactions more expensive for consumers.
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By Natasha Chilingerian |
September 30, 2011
Now that the deadline for the Durbin amendment interchange cap has arrived, financial institutions are looking hard for ways to replace lost interchange revenue.
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By Claude R. Marx |
October 14, 2010
Seeking to liven up International Credit Union Week, the Ohio Credit Union League is going for the "reality" show gambit with a three-city financial literacy program.
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By Guest Blogger |
September 3, 2010
Guest Blogger Walt Laskos opines on credit unions acting as cooperatives as we near 2012, the International Year of the Cooperative.
