As Jack Antonini approaches the one-year mark since taking the helm at the National Association of Credit Union Services Organizations, the former bank CEO marveled at the number of collaborations CUSOs frequently engage in.
The Texas Credit Union Commission recently addressed several matters regarding investments in credit union service organizations in the Lone Star State.
A regulatory proposal in Texas that could potentially change how credit union service organizations in the Lone Star State are monitored is coming under fire from several industry groups.
The Texas Credit Union League has voiced its concerns with proposed changes regarding the regulation of the state’s credit union service organizations.
Bankers argued to NCUA that now-conserved Texans CU was in violation of its member business lending cap.
In a $300 million consolidation, two Houston credit unions, First Service and Right Choice are planning a merger to be completed by year end.
Two of Houston's mid-size credit unions, First Service and Right Choice, are planning a merger set for completion by yearend creating a $304 million CU with 14 branches and 51,000 members, it was announced Wednesday.
Citing "extraordinary" costs in special cases, the Texas Credit Union Department wants to be reimbursed from the industry for certain examination expenses, it was disclosed last week.
A proposal by the Texas Credit Union Department to recover travel, time and transportation expenses from CUs involved in "unusual" exam cases ran into opposition from the Texas Credit Union League Thursday.
The Texas Credit Union Department wants to get reimbursed from the industry for expenses incurred for "unusual or extraordinary" examination cases, it disclosed Wednesday.