Corporate One Federal Credit Union survived its November portfolio review with all member contributed capital intact, writing off $32.2 million that still leaves more than $25 million in reserves.
Citing a "windfall" from the sale of 3% stock in Credit Union Service Corp., the Virginia Credit Union League is returning $300,000 in dues payments this month to member CUs to help cope with the recession.
In a surprise turn of events, David Rhamy has taken his old CEO job back at the troubled Silver State Schools Credit Union of Las Vegas less than a week after resigning the post to return to private law practice.
