-
By Michelle A. Samaad |
January 26, 2011
The $21 billion State Employees' Credit Union is in the middle of a legal quandary involving a widow who opened up a failed brokerage account with a defunct, credit union-formed broker-dealer and investment firm.
-
By Michelle A. Samaad |
January 18, 2011
A case involving a widow who opened up a brokerage account with the defunct, CU-formed XCU Capital LLC, its shell later bought by State Employees' Credit Union, is in the middle of a regulator and legal quagmire.
-
By Michelle A. Samaad |
January 3, 2011
The parent company of a significant CU investment partner has made a large investment in a social media giant.
-
By Claude R. Marx |
October 20, 2010
As the nation's budget deficit continues to grow, the government may be looking for new sources of revenue. Therefore, formerly sacred cows such as credit unions' tax-exempt status may go the way of VCRs and rotary phones.