Ziegler coming from MAX CU in Alabama to succeed retiring Tom Hilton at Tennessee credit union.
They say everything is bigger in Texas, but one thing that wasn’t. The real estate boom and subsequent bust. And it has worked out for credit unions in a big way. According to the NCUA’s second quarter statistics, homes in the Lone Star state have gained nearly 5% in value...
They say everything is bigger in Texas, but one thing that wasn’t – the real estate boom and subsequent bust – has worked out for credit unions in a big way.
Gary Base led 2005 charter conversion through gauntlet set by NCUA.
With the exception of an impromptu clash over the credit union tax exemption, the Federal Reserve Bank information seminars that joined credit union and community bank CEOs finished the month with a wary but shared camaraderie.
Michael Brown of JSC FCU got to exchange views with the CEO of a converted CU bank on the Durbin amendment and member business lending at one of those Federal Reserve meetings Tuesday.
A credit union that fought the NCUA to become a mutual bank in 2005 has moved on to become a stock-issuing bank.
Just as one former credit union turned bank issues its first stock, another has announced that it will abandon its previous mutual holding structure to become a fully stock issuing institution.
A holding company for OmniAmerican Bank, formerly OmniAmerican Credit Union, started trading stock on the NASDAQ stock exchange this morning after members of the federally chartered thrift voted to approve a conversion to a stock issuing bank.