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By Heather Anderson |
May 14, 2012
Alabama Credit Union Administrator Larry Morgan, who was chairman of the board for the $3.7 billion Corporate America Credit Union as recently as 2010, denied accusations that he has a conflict of interest acting as regulator on issues between the corporate and the NCUA.
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By Heather Anderson |
May 7, 2012
Is a personal feud between Corporate America Credit Union CEO Thomas Bonds, who took a leave of absence from his post last month, and NCUA Office of Corporate Credit Unions Director Scott Hunt the reason behind the delay in NCUA approval of a merger between the $3.7 billion Corporate America...
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By Heather Anderson |
May 4, 2012
ACUA Administrator Larry Morgan, who served as a volunteer for Corporate America, says no conflict acting as state regulator in issues with the NCUA.
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By Heather Anderson |
May 2, 2012
Correspondence between Alabama, federal regulators say OCCU Director Scott Hunt told Corporate America CEO to quit talking to media or the agency "would not support CACU."
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By Robert McGarvey |
January 11, 2012
With the release to memos from the NCUA and U.S. Central, corporates are getting a better idea of how the corporates' corporate will wind down, and they're ready.
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By Robert McGarvey |
January 10, 2012
Many U.S. Central services will have new requirements starting Jan. 12, while wires will be discontinued as of March 30 and automated settlement transactions will be discontinued as of May 31.
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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 |
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 Robert McGarvey |
November 20, 2011
What a difference 10 months makes. That’s a prevailing thought in corporate credit union circles as executives digest the reports, unconfirmed by the NCUA, that two of the leading bidders for the failed Western Bridge corporate are Alloya (formerly Members United) and Catalyst (formerly Southwest Bridge plus Georgia Corporate). This...
