Now that the NCUA has approved changes to the loan participation rule, Catalyst Corporate Federal Credit Union said it is ready to roll out a new program.
Federal judge in Kansas City cites statute of limitations in corporates collapse case.
Analysis says seized corporate would now have as much as $100 million in positive equity; NCUA mum.
Texas economist and business school dean to speak at Catalyst Corporate confab.
Amy Rapp said her group now has 16 workshops and plans to add more presenters and more curriculum.
Corporate Central said it now exceeds all regulatory requirements under the NCUA corporate credit union regulations.
Filson-founded Co-Ops for Change aims to marshal help from industry executives to check legacy asset tallies by CUSIP numbers.
Pennsylvania-based corporate reports 124% year-over-year net income increase boosted by VACORP merger.
According to legacy asset loss estimates provided to Credit Union Times by the NCUA, investments made by Western Corporate FCU are generating far more losses than those that were made at other failed corporates.
The NCUA will consult with Congress on a possible legislative remedy to modernize the Central Liquidity Facility, according to the regulator’s annual report.