Credit Union Times | Accurate and Timely CU News

Ritholtz Says Calpers Suit Could "Go the Distance"

By Heather Anderson

Market analyst Barry Ritholtz told Credit Union Times he thinks the California Public Employees' Retirement System lawsuits against ratings agencies Moody's and Standard & Poor's have the potential to "go the distance."

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PIMCO, D&T Holding Up U.S. Central's Audited Financials

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CU Times to Tweet From NAFCU Annual Conference

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July 16, 2009

SE Corp Will Not Seek Additional Capital

Southeast Corporate Federal Credit Union told members earlier this week it will not seek additional capital in the form of a paid-in capital issuance as other corporates have done or are planning to do.

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July 15, 2009

Texas CU Members Moving from Checking to CDs

Five years ago, members served by Texas' credit unions parked half their deposits in shares and checking accounts. Today, they are moving those funds into certificates of deposits.

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July 15, 2009

Credit Unions Not Affected by LPL Broker-Dealer Transition

The 231 credit unions served by LPL Financial Corp. will remain on the independent broker-dealer's platform or the UVEST Financial Services' platform, the company said.

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July 14, 2009

LPL to Integrate Broker-Dealers

LPL Financial Corp., which counts hundreds of credit unions among its clients, announced today that it will integrate three of its affiliated broker-dealers that serve independent financial advisers.

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July 12, 2009

Fifty CUs, Others Sue MetaBank Over $4 Million CD Loss

Nearly 50 credit unions, municipalities and pension funds have filed suit against Iowa-based MetaBank to recover $4 million in allegedly stolen certificate of deposit funds.

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July 09, 2009

Angry Investors Make Demands for More Reform

Nearly 80% of investors said they are angry about the lack of reforms in the financial markets and are demanding stronger actions to be taken, according to a new survey.

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July 07, 2009

California CU Closing Two Branches

Citing both the economy and prudent policies, the $500 million America's Christian Credit Union of Glendora, Calif. is closing two of its out-of-market branches today in Sacramento and Wichita, Kan.

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Credit Union Management

Top Credit Union Management Stories

Ritholtz Says Calpers Suit Could "Go the Distance"

PIMCO, D&T Holding Up U.S. Central's Audited Financials

CU Times to Tweet From NAFCU Annual Conference

Recommended Just For You

Credit Union Management Stories

SE Corp Will Not Seek Additional Capital

Texas CU Members Moving from Checking to CDs

Credit Unions Not Affected by LPL Broker-Dealer Transition

LPL to Integrate Broker-Dealers

Fifty CUs, Others Sue MetaBank Over $4 Million CD Loss

Angry Investors Make Demands for More Reform

California CU Closing Two Branches