The NCUA announced Monday evening that the $1.3 billion Premier America CU would take over management of $318 million Telesis Community CU.
When asked how he sees the state of business services and lending among credit unions, Larry Middleman teeters on optimism and concern.
In an apparent effort to remain financially sustainable, Texans Credit Union has received $60 million in subordinated debt.
Nearly a year after being placed in conservatorship, it appears Texans Credit Union has received $60 million in subordinated debt to keep it afloat.
INVEST Financial Corp. will provide brokerage and investment services to members of Texans Credit Union.
NCUA-conserved Texans Credit Union is trying to recoup the balance on a $3.2 million loan for a cypress mill.
Every now and again it’s interesting to study the statistics of the credit union industry. Some we find merely satisfy an idle curiosity, while others can have far more serious implications.
Every now and again it’s interesting to study the statistics of the credit union industry. Serious implications sometimes emerge.
Michael Gudely said he is aware that his position on a new proposal that that would essentially change how credit union service organizations are monitored may go against the grain
When the NCUA issues its proposed regulation of credit union service organizations on July 21, it will be an attempt by the agency to keep a closer eye on organizations whose role has grown and therefore expose credit unions to greater risk.