ACUA also orders Alabama One to discontinue business lending, fix SARs and remove conflicts of interest.
CEO says visit was routine. Member reports regulators refused to sign in at front desk.
On April 16, 2015, the $674 million Self-Help Credit Union left its state league and disaffiliated from CUNA
Credit union 5300 report shows 9% net worth but five consecutive quarters of negative ROA. The NCUA cites unsafe and unsound practices.
Sammy Colburn says he was asked to drop off checks to certain executives, sometimes after hours.
Auto lending LOS offers streamlined decision making, company said.
New platform brings social media data into business loan pricing.
CEO Terry Leis says state league did not provide enough value.
The one-size-fits-all approach has lost favor over the last five years, ASAE says.
The agency does not oversee any institutions critical to financial stability, Volcker report finds.