Credit Union Times | Accurate and Timely CU News

Fired Texans Commercial Capital Execs Sue CUSO, Texans CU, and CEO

By Michelle A. Samaad

In a case that appears to center around an offer from a credit union that wanted to buy a stake in a highly successful commercial lending CUSO, discussions of a bank conversion and unpaid compensation packages, three former executives with Texans Commercial Capital, LLC have filed a lawsuit against the...

Read Story

News

Countrywide Layoffs, Job Losses Roil Wall Street; Fed Action Sought

News

Norlarco Lesson: Stay Local, Urges Sterner

Recommended Just For You

Lending Stories

September 04, 2007

NCUA Creates New Member Business Lending Program Officer Position to Help Examiners Keep Pace

Given the significant growth in the size and complexity of credit unions' member business lending programs, NCUA has created a new position to help examiners assess safety and soundness.

Read

September 04, 2007

NAFCU Economist Predicts Housing Slump Could Be Improving as New Home Sales Increase in Western U.S.

Increasing new home sales in the western part of the country could mean the housing slump is turning the corner, NAFCU Chief Economist Tun Wai forecast.

Read

September 04, 2007

MDDCCUA Encourages D.C. City Council to Adopt 24% APR Cap for Payday Lenders

The Maryland & D.C. Credit Union Association is urging the District of Columbia City Council to extend its current usury law to cover payday lenders in Washington, D.C.

Read

September 04, 2007

Underwater Florida Home Loans May Sink Two CUs

The NCUA watchdogs may be trying to salvage both Norlarco Credit Union in Fort Collins, Colo. and Huron River Area Credit Union in Ann Arbor, Mich., but potential losses from construction loans both made to build homes here are increasing as defaults soar. And the black eye from negative PR...

Read

August 31, 2007

Wisconsin Flood Victims Receive CU Helping Hand

LA CROSSE, Wis.--Another Wisconsin credit union, the $100 million Community of La Crosse, is offering reduced rates and flexible loan options to aid victims of the Aug. 18 flooding.

Read

August 31, 2007

Former Texans CU Execs File Suit Over Firing After Business Loan Cap Reached

Building the Texans Commercial Capital LLC business lending CUSO to a highly successful entity, three former executives have filed a lawsuit against $1.7 billion Texans Credit Union and Texas Capital after claims of being fired when discussions began on exploring other options to expand the CUSO.

Read

August 31, 2007

DoD Releases Final Consumer Lending Rule, Substantially Similar to Proposal

The Department of Defense has released its final regulation capping interest rates--and creating a new Military APR--at 36% on payday loans, vehicle title loans, and tax refund anticipation loans.

Read

‹ ‹ PREV 732 733 734 ... 754 › NEXT ›

Lending

Top Lending Stories

Fired Texans Commercial Capital Execs Sue CUSO, Texans CU, and CEO

Countrywide Layoffs, Job Losses Roil Wall Street; Fed Action Sought

Norlarco Lesson: Stay Local, Urges Sterner

Recommended Just For You

Lending Stories

NCUA Creates New Member Business Lending Program Officer Position to Help Examiners Keep Pace

NAFCU Economist Predicts Housing Slump Could Be Improving as New Home Sales Increase in Western U.S.

MDDCCUA Encourages D.C. City Council to Adopt 24% APR Cap for Payday Lenders

Underwater Florida Home Loans May Sink Two CUs

Wisconsin Flood Victims Receive CU Helping Hand

Former Texans CU Execs File Suit Over Firing After Business Loan Cap Reached

DoD Releases Final Consumer Lending Rule, Substantially Similar to Proposal