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NCUA Downplays Decision to Retain Arrowhead Execs

By Heather Anderson

NCUA Director of Congressional and Public Affairs John McKechnie said the agency's decision to place Arrowhead Central Credit Union executives on paid leave, rather than dismiss them, is not unusual, particularly while the NCUA is reviewing operations.

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June 27, 2010

Thompson: Corporate Recapitalization Question Mirrors Movement's Future

Doug Thompson, CEO of the $82 million Aberdeen FCU, said the question of whether or not to recapitalize corporates mirrors a question facing the entire credit union movement: cooperate more or less?

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June 27, 2010

Arizona CU Aids Flagstaff Firefighters

Employees of the $1.3 billion Arizona State Credit Union of Phoenix were on the front lines late last week in providing community assistance to firefighters as they sought to contain a raging wildfire near Flagstaff.

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June 27, 2010

Arrowhead Paid Volunteers $27,000 in 2008

The seized Arrowhead Central Credit Union paid volunteers more than $27,000 during 2008, according to tax forms posted on nonprofit reporting website Guidestar.org.

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June 24, 2010

NCUA Schedules Closed Board Meeting

NCUA Schedules Closed Board Meeting.

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June 24, 2010

Congressional Conferees Agree to Financial Reform Bill

House and Senate Conferees agreed to a final version of the financial reform legislation that includes controversial language mandating the Federal Reserve to set debit card interchange rates at a "reasonable level."

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June 24, 2010

NY League Introduces New Compromise Municipal Deposit Bill

The Credit Union Association of New York stepped up its campaign Friday to win lawmaker support for a compromise bill on allowing the deposit of public funds with a $250,000 cap.

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June 24, 2010

"Smishing" Attacks Seen Focused on Credit Unions

Credit unions were a favorite target of a specialized kind of text-to-phone phishing attacks (often called "smishing"), accounting for fully 83% of the individual brands targeted, according to online security specialist Internet Identity (IID).

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Top News Stories

NCUA Downplays Decision to Retain Arrowhead Execs

401(k) Due Diligence Goal of New CUNA Mutual Committee

PSCU Under Team Leadership in Wake of Serlo Passing

Recommended Just For You

News Stories

Thompson: Corporate Recapitalization Question Mirrors Movement's Future

Arizona CU Aids Flagstaff Firefighters

Arrowhead Paid Volunteers $27,000 in 2008

NCUA Schedules Closed Board Meeting

Congressional Conferees Agree to Financial Reform Bill

NY League Introduces New Compromise Municipal Deposit Bill

"Smishing" Attacks Seen Focused on Credit Unions