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By Robert McGarvey |
January 22, 2012
The memo offering details of life after U.S. Central Bridge came out of the NCUA with a bland title, “Fact Sheet APEX-ACH Transition.” But as it has circulated, it has triggered a large question among some corporate credit union executives: Which government body is steering this effort, NCUA or...
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By Robert McGarvey |
January 10, 2012
The NCUA today announced its plans for winding down US Central by yearend.
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By Robert McGarvey |
January 5, 2012
Corporate leaders had mixed reactions to this week's report from the GAO critiquing the NCUA's handling of the corporates crisis.
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By Robert McGarvey |
December 18, 2011
The email from the NCUA to current Western Bridge members summed it up.
“The National Credit Union Administration Board awarded Catalyst Corporate Federal Credit Union (Catalyst) the exclusive right to acquire Western Bridge Corporate Federal Credit Union (Western Bridge).”
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By Robert McGarvey |
December 14, 2011
NCUA awards Texas-based corporate "exclusive right to acquire" remains of WesCorp.
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By Claude R. Marx |
September 25, 2011
ALEXANDRIA, Va. — If current financial trends continue, the NCUSIF's equity ratio will likely end the year at between 1.28% and 1.32%, which could mean a lower assessment to pay for the corporate credit union rescue, NCUA Chief Financial Officer Mary Ann Woodson told the agency's board last Thursday.
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By Robert McGarvey |
September 23, 2011
Agency says goal is to minimize disruption to members, costs to stabilization fund.
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By Robert McGarvey |
September 2, 2011
NCUA seeks to reassure on US Central Bridge.
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By Robert McGarvey |
August 31, 2011
Filings note that NCUA had fulltime examiner on site, knew full well what investments were being made.
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By Claude R. Marx |
May 23, 2011
Although government work isn’t always lucrative, 25 NCUA employees make more than $201,000 annually, according to agency records.
