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By Jim Rubenstein |
April 15, 2012
The merger game – its timing, procedures and practices – is coming in for new scrutiny and debate this month among a coterie of analysts and top credit union CEOs.
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By Jim Rubenstein |
August 31, 2011
CU leaders want update on agency actions in capitalization and provider services.
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By Jim Rubenstein |
August 2, 2010
Some industry sources are privately pointing to the weekend conservatorship of the $139 million Family first FCU of Orem, Utah as signaling perhaps a new NCUA policy of protecting the NCUSIF as it bypassed big CUs as a merger suitor.
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By Jim Rubenstein |
July 28, 2010
NCUA policy on selection of merger partners for both voluntary and involuntary mergers is coming under harsh new scrutiny this month. The now-completed Utah consolidation is the focal point of both concern and controversy marked
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By Jim Rubenstein |
July 23, 2010
Ron Burniske, CEO of Chartway Federal Credit Union has strongly defended his CU's mergers with ailing Utah credit unions against critics in that state who say NCUA gave them short shrift
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By Jim Rubenstein |
July 1, 2010
Chartway Federal Credit Union, headquartered in Virginia Beach, will press its out-of-state expansion arrangements with NCUA, according to its CEO Ronald Burniske.
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By Jim Rubenstein |
January 13, 2010
The $1.5 billion Chartway Federal Credit Union in Virginia has made good on a month-old NCUA pledge to merge with a troubled Utah credit union and thereby expand to a 10-state footprint.
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By Jim Rubenstein |
January 4, 2010
With its NCUA Utah merger deal under its belt, the $1.5 billion Chartway Federal Credit Union of Virginia is still bent on scouting out more struggling CUs in the West and Midwest for possible acquisition.
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By Jim Rubenstein |
January 4, 2010
The president/CEO of Chartway Federal Credit Union in Virginia said its New Year's Eve acquisition of a troubled Utah CU underscores the difficulties many CUs have in venturing into big-ticket business lending projects.
