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By Heather Anderson |
May 18, 2012
The Wisconsin Office of Credit Unions liquidated the $8.4 million Wausau Postal Employees CU on Friday and appointed the NCUA liquidating agent.
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By Marc Rapport |
February 18, 2012
AM Community Credit Union in Kenosha has four locations, approximately 16,000 members and $125 million in assets.
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October 13, 2010
SAN ANTONIO -- Former NASCUS chairman George Reynolds received the organization's Pierre Jay Award, which honors contributions to state-chartered credit unions.
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September 15, 2010
Southern Wisconsin's poor economy and bad commercial real estate loans apparently figured in the Sept. 1 failure of the $137 million First American
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By Jim Rubenstein |
September 2, 2010
Faulty real estate loans and southern Wisconsin's high unemployment were key factors in the failure Wednesday of the $137 million First American CU and its subsequent FCU takeover, the state's top regulator said Thursday.
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July 28, 2010
In a consent order, the NCUA last week barred Richard Koenig, the former chairman of Central States Mortgage Corp., a bankrupt Milwaukee CUSO and ex-CEO of the $144 million Prime Financial CU of Cudahy, Wis., from further industry activities.
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By Jim Rubenstein |
July 20, 2010
Richard Koenig, the former chairman of Central States Mortgage Corp. a bankrupt Milwaukee CUSO and ex-CEO of the $144 million Prime Financial CU of Cudahy, Wis. has been barred from the industry by the NCUA under a consent order issued Thursday.
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By Jim Rubenstein |
June 23, 2010
Wisconsin-based Royal Credit Union has finally completed its purchase of a large chunk of a troubled community bank's assets.
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By Jim Rubenstein |
June 14, 2010
The $1 billion Royal Credit Union of Eau Claire, Wis. wasted little time in the purchase/conversion of 11 branches of an ailing Madison bank setting June 26-28 as the formal switchover.
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May 26, 2010
Once considered a failed CU, the $144 million Prime Financial Credit Union of Cudahy, Wis., is back on its feet this month-pulled out of conservatorship by the state after a new management team and board restored "normal operations."
