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Looks like 2% RUDE ratio requirement won't make it in final Part 704

By Staff Writer

WASHINGTON - According to many in the corporate network, the dreaded 2% RUDE (reserves, undivided earnings) ratio as it was originally proposed in NCUA's Part 704 revision proposal will not see the light of day in the final reg. "It looks at this point that the 2% RUDE is going...

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Association of Corporate CUs to study future role of corporates

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Southeast Corporate's board fills three slots

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April 09, 2002

The ACCU's risk-weighted proposal

Here is a sampling of how the ACCU proposes to risk weigh corporates' investment portfolios: Investments 0% Cash & equivalents Repurchase agreements collateralized by Treasury securities Direct Treasury obligations All other securities backed by full faith and credit of US Government 20% Money market instruments issued by OECD depository institutions...

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April 09, 2002

New book chronicles history of corporates

WASHINGTON - The Association of Corporate Credit Unions recently published The Journey - A History of the Corporate Credit Union Network. Commissioned by ACCU and written by John H. Arnold, former CEO of Southwest Corporate FCU, the book looks at the evolution of the corporate credit union network. Arnold started...

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April 09, 2002

Corporate One may touch more CUs than any other corporate as a result of successful national programs

COLUMBUS, Ohio -Corporate One FCU certainly isn't the nation's largest corporate, but it may touch more natural person credit unions than any other. Through all of its product offerings, Corporate One has relationships with 2,059 of the nation's credit unions, spanning 41 states and Washington, D.C. Back in January of...

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April 09, 2002

Helping CUs serve business members may be the next big niche for corporate credit unions

WEST PALM BEACH, Fla. - There's a buzz among corporate credit unions about the prospect of stepping up to help member credit unions serve business accounts. Kathy Garner, president/CEO of Northwest Corporate CU, Portland, Ore., said over the past two months the corporate has been looking at ways of helping...

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April 09, 2002

EasCorp's investment advisory CUSO tops $4 billion mark

DALLAS - An asset surge of $1.5 billion in the last 12 months has helped EasCorp's investment advisory CUSO become one of the largest such firms in the nation. ALM First Financial Advisors, LLC, located in Dallas, now has $4 billion under management. Its assets jumped from $3.155 billion as...

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April 02, 2002

Special Report: Member Business Loans/Small Business

Credit unions involved with member business lending agree it requires a full-time commitment and staff with business lending expertise. Read about the advice some of them offer and other MBL news on pages 16-18.

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April 02, 2002

Arrowhead banking group president offers advice on business services

MONTEREY, Calif. - Credit unions that offer products and services to serve business members will help grow their financial institutions, but they also should be aware of some of the issues they will be facing, says the president of Arrowhead Credit Union's Business Banking Group. "Your members are going to...

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Top News Stories

Looks like 2% RUDE ratio requirement won't make it in final Part 704

Association of Corporate CUs to study future role of corporates

Southeast Corporate's board fills three slots

Recommended Just For You

News Stories

The ACCU's risk-weighted proposal

New book chronicles history of corporates

Corporate One may touch more CUs than any other corporate as a result of successful national programs

Helping CUs serve business members may be the next big niche for corporate credit unions

EasCorp's investment advisory CUSO tops $4 billion mark

Special Report: Member Business Loans/Small Business

Arrowhead banking group president offers advice on business services