Credit Union Times | Accurate and Timely CU News

Ex-CEO Finds Wedding-On-Wheels Tops Running a CU

By Jim Rubenstein

Here's a tale about an ex-credit union CEO who abandoned the industry to take up a quirky new line of business and this month again received national TV exposure.

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Best Practices Drives Business Lending CUSO Alliance Creation

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Smart Financial Moves to Instant Issuance

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November 17, 2009

Matz Urges Frank to Exclude Credit Unions From Systemic Risk Fund

Mandating that credit unions pay into a fund aimed at rescuing large financial institutions isn't equitable and would hurt credit union members, NCUA Chairman Debbie Matz wrote in a letter to House Financial Services Committee Chairman Barney Frank.

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November 17, 2009

Billionaire Buffet Part of $500 Million Small Biz Program

Credit unions could be part of a new $500 million initiative to bolster small businesses through a program created by Goldman Sachs Group Inc. and co-chaired by billionaire Warren Buffet.

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November 17, 2009

USAlliance CUSO Exec Pleads Guilty

John Walsh, who served as chief financial officer of Affina Brokerage Services LLC, has pleaded guilty to embezzling more than $2.5 million from USAlliance Federal Credit Union, which owns the subsidiary.

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November 17, 2009

Housing Starts Fall

In another sign that the economy hasn't completely turned around, housing starts fell 10.6% in October, following two months of increases, according to a report issued today by the Commerce Department and the Department of Housing and Urban Affairs.

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November 17, 2009

Callahan Analysis Shows CUs Making More Loans but Facing Challenges

Outstanding loan balances increased 1.2% during the third quarter and share balances increased 8.8% through September, according to analysis of aggregated 5300-call reports by Callahan & Associates.

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November 17, 2009

Central States Settlement Reached for $72 Million in Claims

Southeast Wisconsin credit unions that lost millions in the March bankruptcy of Central States Mortgage Co., a CU-owned CUSO, have reached a settlement allowing them to recover claims totaling $72 million.

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November 17, 2009

iPay Adding E-Billing through CashEdge

iPay Technologies of Elizabethown, Ky., plans to use CashEdge's aggregation technology to offer electronic billing service to the more than 3,600 financial institutions using iPay's bill pay solutions.

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Top News Stories

Ex-CEO Finds Wedding-On-Wheels Tops Running a CU

Best Practices Drives Business Lending CUSO Alliance Creation

Smart Financial Moves to Instant Issuance

Recommended Just For You

News Stories

Matz Urges Frank to Exclude Credit Unions From Systemic Risk Fund

Billionaire Buffet Part of $500 Million Small Biz Program

USAlliance CUSO Exec Pleads Guilty

Housing Starts Fall

Callahan Analysis Shows CUs Making More Loans but Facing Challenges

Central States Settlement Reached for $72 Million in Claims

iPay Adding E-Billing through CashEdge