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NAFCU Distributes Document On Exam Issues

By David Morrison

NAFCU has sent a document called Managing Examinations in Challenging Times to all its member credit unions meant to help them address a more difficult NCUA exam environment.

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ABA: CUs Should Be Forced To Become Banks

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NAFCU Continues MBL Cap Increase Appeal

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Regulatory & Compliance Stories

September 02, 2010

Aloha Pacific Opening Las Vegas Branch, Merges Ailing CU

Aloha Pacific Federal Credit Union of Honolulu is moving ahead with expansion on two fronts: it merged a small, ailing CU and is opening its first out-state-branch in Las Vegas purchasing a Silver State Schools CU facility.

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September 02, 2010

Alliant and Continental Plan to Merge

The $7.3 billion Alliant Credit Union, headquartered in Chicago, is merging with the troubled $157 million Continental Federal Credit Union, headquartered in Tempe.

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September 01, 2010

Real Estate Loans, Economy Figured in First American Takeover

Faulty real estate loans and southern Wisconsin's high unemployment were key factors in the failure Wednesday of the $137 million First American CU and its subsequent FCU takeover, the state's top regulator said Thursday.

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September 01, 2010

Matz Hosting First Town Hall Session in Northwest

The Credit Union Association of Oregon said Thursday it expects a sizable crowd to turn out next month for two separate visits by NCUA Chairman Deborah Matz to the state.

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August 31, 2010

Connecticut CUs Keep MBL Before Legislators

For the second time this month, Connecticut credit union representatives have met with Rep. Jim Himes (D-Conn.) to discuss the proposed member business lending cap.

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August 31, 2010

NCUA Liquidates First American CU

NCUA has liquidated the $137 million First American Credit Union of Beloit, Wisconsin.

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August 31, 2010

NCUA's Amended Defendants List in WesCorp Case Adds Two, Excuses 13

An amended NCUA complaint against former officials with Western Corporate FCU added two former WesCorp employees not originally named.

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