No conversation about the future of corporate credit unions goes very far before an ugly question intrudes. Isn’t it time to extinguish corporates entirely and turn the correspondent service work over to banks?
Glum is the one word summing up of the mood of the bridge task forces, at least for Members United Corporate Bridge and Western Bridge and their plans to create viable entities for tomorrow.
After he read the recent statements issued by NCUA, Dave Chatfield said there is just one conclusion: the regulator intends to block mergers of Tier One corporates.
Corporate One Federal Credit Union will now be offering its credit union clients item image aggregation and settling services through software from VSoft Corp. of Atlanta.
Citing changes in some long established economic patterns and the strengths of credit union cooperation, TMG Financial Services launched a finance CUSO that will help other CUSOs fund their operations, particularly their lending.
Guest Blogger Walt Laskos opines on credit unions acting as cooperatives as we near 2012, the International Year of the Cooperative.
The $625 million Clearview Federal Credit Union said today it will officially dismiss its trademark infringement suit next week against a Florida debt settlement firm after the company agreed to change its name.
Clearview Federal Credit Union said a Florida debt settlement firm has agreed to change its name after the cooperative filed a suit claiming trademark infringement.
A Florida debt settlement firm has agreed to change its name from Clearview Credit back to Debt Reduction America Inc. after Clearview Federal Credit Union filed a trademark suit.
Name confusion among its members prompted the $625 million Clearview Federal Credit Union to file a complaint against Clearview Credit Inc., a Florida debt settlement company.