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Exclusive: Former Centrix CEO Robert Sutton Interview with CU Times

By Staff Writer

In the first in-person interview he has granted to the credit union press since the bankruptcy of Centrix Financial, Robert Sutton called the taking down of the Centrix Portfolio Management Program, the subsequent fallout for credit unions and bankruptcy of Centrix Financial, a tragedy that didn't have to happen.

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Credit unions around the nation are generally seeing significantly improved credit card portfolio performance, according to an analysis of second quarter card portfolio activity.

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Prohibition Orders Issued by NCUA

NCUA today issued several orders of prohibition against former credit union employees, including one from Dover New Jersey Spanish American Federal Credit Union currently under a cease and desist order from the agency.

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Prohibition Orders Issued by NCUA

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Lafayette FCU Almost 11% Smaller Than It Was One Year Ago

Lafayette Federal Credit Union appears to be shrinking.

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Camino FCU Helps Students Get 'Right Start'

Understanding that students have vastly different financial habits than their parents, Camino Federal Credit Union has launched a new checking account to set young people out on the right path.

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August 23, 2007

Camino FCU Helps Students Get 'Right Start'

Understanding that students have vastly different financial habits than their parents, Camino Federal Credit Union has launched a new checking account to set young people out on the right path.

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August 23, 2007

Trendwatch's Focus on Credit Unions as 'Consumer-Friendly' Alternative

In spite of an environment marked by predatory lending growth and consumer apprehension in financial products such as credit card offers, credit unions are in a "great place."

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Top News Stories

Exclusive: Former Centrix CEO Robert Sutton Interview with CU Times

Countrywide Bolstered by $2 Billion Cash Infusion from Bank of America

Mortgage Meltdown and Credit Crunch Takes Toll on Toll Bros., Lehman

Recommended Just For You

News Stories

CU Card Performance Up, Sales on Track

Prohibition Orders Issued by NCUA

Prohibition Orders Issued by NCUA

Lafayette FCU Almost 11% Smaller Than It Was One Year Ago

Camino FCU Helps Students Get 'Right Start'

Camino FCU Helps Students Get 'Right Start'

Trendwatch's Focus on Credit Unions as 'Consumer-Friendly' Alternative