ATLANTIC CITY, N.J. -- Brett Christensen, owner of CU Lending Advice, LLC, told New Jersey credit union executives and board members they need to own up to the financial problems in their own shops.

ATLANTIC CITY, N.J. -- Corporate governance consultant Stuart Levine picked apart problems with credit union governance through a series of interactive questions.

Be careful who you listen to on corporate network regulation.

I am not an economist, nor do I play one on TV. My only exposure to economic theory was at Western CUNA Management School with the great Jim Likens.

ATLANTIC CITY, N.J. -- The NCUA is honing in on certain activities and figures for 2010, NCUA Associate Region II Director for Operations Herb Yolles told New Jersey credit unions last week.

Stuart Perlitsh said we build capital thru earnings (Feb. 24 Letter), while Tom Dorety thinks we need to build capital through some new alternative capital (March 10 Letter).

The $159 million Louisiana Corporate Credit Union released its 2009 audit March 23, possibly the first corporate to do so, according to president/CEO David Savoie.

As credit union management and boards learn more about the amount of toxic assets in corporate and natural person credit unions, their conclusion about assessments changes from "something we have to live with" to "we can't live with that."