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Cheney "Disappointed" with NCUA's Amended WesCorp Charges

By Heather Anderson

CUNA CEO Bill Cheney said he is "disappointed" NCUA has chosen to pursue gross negligence and breach of fiduciary duties charges against him in the Western Corporate FCU lawsuit.

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Atlanta Branch Opening Celebrates Slain CU CEO's Legacy

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Apartments, Multifamily Units Starting to Reignite CRE

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August 30, 2010

NCUA Amends WesCorp Complaint to Include Fraud

The NCUA Board, serving as conservator plaintiffs in the Western Corporate FCU lawsuit, filed an amended complaint today in U.S. District Court that alleges more serious charges than those originally filed.

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August 30, 2010

Feinberg Meets With Southeast League on Oil Spill Claims

Southeast credit unions, striving to serve and assist victims of the BP Oil Spill, are hoping they have a friend on loan guarantees in the government's claims czar, Kenneth Feinberg.

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August 30, 2010

CUNA, NAFCU Downplay Tax Threat

Both CUNA and NAFCU sought to downplay a recent suggestion from the President's Economic Recovery Advisory Board that taxing credit unions might be one way to increase government revenue.

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August 30, 2010

NCUA Files For Extension in KAP Case

The court extended the deadline for further written arguments between the organizers and volunteers of the at least partially liquidated Kappa Alpha Psi Federal Credit Union and the NCUA.

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August 29, 2010

Small Businesses Win More Federal Agency Contracts

The SBA has announced that small businesses won $96.8 billion in federal contracts in fiscal year 2009, a $3 billion increase over FY 2008.

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August 29, 2010

Presidential Tax Report Recommends Taxing CUs

A report from the Presidential Economic Recovery Advisory Board on simplifying the tax system has included a recommendation to tax credit unions

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August 29, 2010

Federal Reserve Reaching Out To CUs On Interchange Cap

The Federal Reserve has contacted CUNA and NAFCU as part of its preliminary work to come up with an interchange cap for debit cards issued by financial institutions with more than $10 billion in assets.

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Top News Stories

Cheney "Disappointed" with NCUA's Amended WesCorp Charges

Atlanta Branch Opening Celebrates Slain CU CEO's Legacy

Apartments, Multifamily Units Starting to Reignite CRE

Recommended Just For You

News Stories

NCUA Amends WesCorp Complaint to Include Fraud

Feinberg Meets With Southeast League on Oil Spill Claims

CUNA, NAFCU Downplay Tax Threat

NCUA Files For Extension in KAP Case

Small Businesses Win More Federal Agency Contracts

Presidential Tax Report Recommends Taxing CUs

Federal Reserve Reaching Out To CUs On Interchange Cap