Rick Foley, president/CEO of the $4.3 billion Delta Community Credit Union in Atlanta, has announced his intent to retire later this year.
Delta Community Credit Union confirmed that is has reached an agreement in a breach of contract suit with a real estate developer, who received a judgment earlier this year for $75.4 million.
Delta Community Credit Union settles with developer in losses laid on Atlanta credit union over Florida property.
The 87,000 member, $1 billion Meriwest Federal Credit Union, based in San Jose, Calif., has won a grant of $160,000 to help finance affordable housing in its community from the Federal Home Loan Bank of San Francisco.
Credit union finds FHLB a source for development funds.
The Great Depression and the decades leading up to it forced many to look beyond their comfort zones just to be able to survive another day.
A co-conspirator in the business lending kickback scheme that led to the collapse of AEA FCU has been sentenced to 24 months in prison.
In the latest update involving AEA Federal Credit Union, a judge has rejected claims from a real estate developer that the NCUA-conserved cooperative is still responsible for funding his projects.
A judge has rejected claims from a real estate developer that the NCUA-conserved AEA Federal Credit Union is still responsible for funding his projects.
Prosecutors recommend developer get year in prison, probation after testifying against former credit union lending officer.