Credit Union Conserved to Protect Public's Interest Without Explanation

CU Times' review of tax documents shows the former CEO received $8.7 million in total compensation over an 11-year period.

By Peter Strozniak | March 29, 2021 at 06:11 PM

Although the Texas Credit Union Department said conservatorship for the $106 million Edinburg Teachers Credit Union was necessary to protect the public interest, the regulator cited no specific reason – not even the usual unsafe or unsound practices – for taking over the credit union.

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By Michael Ogden | July 26, 2024

Leadership at Great Basin FCU is involved in a new initiative to make housing affordable for members in Nevada.

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Bank Shareholders Approve Proposed Acquisition by Global Credit Union

By Peter Strozniak | July 26, 2024

Although Washington state regulators gave the deal a green light, decisions from the NCUA and FDIC are pending.

Bank Shareholders Approve Proposed Acquisition by Global Credit Union

Space Coast Sells $669 Million in Auto Securities

By Jim DuPlessis | July 26, 2024

The Florida CU is the fourth-largest holder of indirect car loans, the type sold in a deal that closed Wednesday.

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