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New Southeast League Shows 'Far-Sight,' Says Helber

By Jim Rubenstein

Given what has happened on the corporate scene, the consolidation of the Florida and Alabama Credit Union Leagues looks today to be a rather prudent, "far sighted" move, according to the new chairman of the League of Southeastern Credit Unions.

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Report Says Cooperatives Have Wide Raging Impact

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NCUA Releases U.S. Central/WesCorp Portfolio Summaries

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April 09, 2009

CU's Issued Less Revolving Credit in February Compared to January, Federal Reserve

Preliminary figures from the Federal Reserve suggest that credit unions issued $800 million less in revolving credit in February than they did in January of this year.

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April 09, 2009

NCUA Will Release PIMCO Summary Soon

NCUA will release a summary of its commissioned PIMCO report "in the near future", said Chairman Michael Fryzel today. Comments from the agency's leader were included in NCUA's weekly Friday corporate update.

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April 09, 2009

Ratings Agencies Failed to Reflect Subordinate Positions

According to the NCUA's newly released corporate securities summary, Western Corporate FCU's AAA-rated securities at the time of purchase didn't accurately reflect investment quality.

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April 08, 2009

Michigan Regulators Close Fraudulent Credit Union

Michigan's Office of Financial and Insurance Regulation ordered an entity that claimed to be a credit union to stop doing business.

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April 08, 2009

Wells Fargo to Report $3 Billion Net Income for First Quarter

Wells Fargo & Co. announced today that in part because of the strength of its mortgage business, it plans to report a $3 billion net income for the first three months of 2009.

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April 08, 2009

Large CU Group Recommends Corporate Consolidation

ANPR comments include a complete corporate system overhaul recommended by a consortium of 12 large credit unions.

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April 08, 2009

First Citizens' Debuts 'Think First' Rebranding

The $450 million First Citizens' Federal Credit Union of New Bedford, Mass., will unveil a new logo, tagline and new colors Monday as it marks a calibrated effort to remake the CU into one more tech-oriented.

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Top News Stories

New Southeast League Shows 'Far-Sight,' Says Helber

Report Says Cooperatives Have Wide Raging Impact

NCUA Releases U.S. Central/WesCorp Portfolio Summaries

Recommended Just For You

News Stories

CU's Issued Less Revolving Credit in February Compared to January, Federal Reserve

NCUA Will Release PIMCO Summary Soon

Ratings Agencies Failed to Reflect Subordinate Positions

Michigan Regulators Close Fraudulent Credit Union

Wells Fargo to Report $3 Billion Net Income for First Quarter

Large CU Group Recommends Corporate Consolidation

First Citizens' Debuts 'Think First' Rebranding